Red Rock Partnership Ltd
Registered name: RED ROCK PARTNERSHIP LTD
Part of Rrpl Employee Trust Ltd groupRed Rock Partnership Ltd made £43.7m revenue and £246k profit in the year to 31 Dec 2024.
Red Rock Partnership Ltd’s revenue grew 34% to £43.7m in the year to 31 Dec 2024, with £246k profit and 51 employees. The company is classified under “temporary employment agency activities” and is based in Lincoln; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lincoln, East Midlands
- Age
- 16 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.6m | £32.6m | £43.7m |
| Cost of sales | £26.6m | £28.9m | £39.5m |
| Gross profit | £4m | £3.8m | £4.2m |
| Operating profit | £590k | £803k | £522k |
| Profit before tax | £469k | £610k | £319k |
| Profit after tax | £408k | £469k | £246k |
| Profit (best available) | £408k | £469k | £246k |
| Staff costs | £28.7m | £30.6m | £41.8m |
| Employees (average) | 47 | 47 | 51 |
| Ratios | |||
| Profit margin | 1.3% | 1.4% | 0.6% |
| Gross margin | 13% | 11.5% | 9.5% |
| Revenue per employee | £651k | £695k | £856k |
| Profit per employee | £8.7k | £10k | £4.8k |
| Cash conversion | −377.6% | 161.9% | 218.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.7% | ▲33.8% |
| Profit growth | — | ▲14.8% | ▼47.5% |
| Headcount growth | — | 0% | ▲8.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £67.2k | £21.3k | £607k |
| Net assets | −£2.4m | −£1.9m | −£1.7m |
| Fixed assets | £278k | £222k | £247k |
| Current assets | £4.7m | £5.3m | £7.2m |
| Debtors | £3.1m | £4.3m | £5.1m |
| Cash from operations | −£2.2m | £1.3m | £1.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 9.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £856k
- Revenue ÷ average employees.
- Profit per employee
- £4.8k
- Profit ÷ average employees.
- Cash conversion
- 218.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.7%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£1.7m
- Cash at bank
- ▲2742%
- Now £607k
- Headcount
- ▲9%
- Now 51
- Deferred income
- —
- Now —
- Fixed assets
- ▲11%
- Now £247k
Group structure
Ownership chain
- Rrpl Employee Trust Ltd (registered outside the UK register)ultimate parent75–100%
- Red Rock Partnership Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Mission Resourcing LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £246k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.