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Company No. 08072003 · Incorporated 16 May 2012

The Real Wrap Co. Ltd

Registered name: THE REAL WRAP CO. LTD

Part of Chetwode Trustees 2 Limited group

The Real Wrap Co. Ltd made £27.5m revenue and £226k profit in the year to 31 Mar 2023.

The Real Wrap Co. Ltd’s revenue grew 76% to £27.5m in the year to 31 Mar 2023, with £226k profit and 399 employees. The company is classified under “other food services” and is based in Melton Mowbray; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services
Status
Active
Location
Melton Mowbray, East Midlands
Age
14 yrs · since 2012
Type
Private Limited Company

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.

Latest accounts · year to 31 Mar 2023

Key figures

Cash flow filed
Revenue
£27.5m
Growth ▲76.1%
Profit
£226k
Growth —
Profit margin
0.8%
Gross 21%
Employees
399
Change ▲41%
Profit / employee
£566
Revenue/employee £68.8k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.6m£27.5m
Cost of sales£11.8m£21.7m
Gross profit£3.8m£5.8m
Operating profit−£346k£200k
Profit before tax−£387k£136k
Profit after tax−£329k£226k
Profit (best available)−£329k£226k
Staff costs£5.6m£9.2m
Employees (average)283399
Ratios
Profit margin−2.1%0.8%
Gross margin24.1%21%
Revenue per employee£55.1k£68.8k
Profit per employee−£1.2k£566
Cash conversion—1260%
Growth (year on year)
Revenue growth—▲76.1%
Headcount growth—▲41%
Balance sheet — indirect signals, not revenue
Cash at bank£111k£716k
Net assets£1.1m£1.3m
Fixed assets£2.1m£3.5m
Current assets£4.1m£6.2m
Debtors£2.6m£2.6m
Deferred income£412k£208k
Cash from operations−£305k£2.5m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
0.8%
Profit ÷ revenue.
Gross margin
21%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£68.8k
Revenue ÷ average employees.
Profit per employee
£566
Profit ÷ average employees.
Cash conversion
1260%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
12.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲20%
Now £1.3m
Cash at bank
▲544%
Now £716k
Headcount
▲41%
Now 399
Deferred income
▼49%
Now £208k
Fixed assets
▲66%
Now £3.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Chetwode Trustees 2 Limitedultimate parent75–100%
  2. Samworth Brothers (Holdings) Limited75–100%
  3. Samworth Brothers Limited75–100%
  4. The Real Wrap Co. Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (26)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £226k), from the Companies House accounts bulk data published Dec 2023. 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.