Recipe Products Ltd
Registered name: RECIPE PRODUCTS LTD
Part of Helen Of Troy Limited groupRecipe Products Ltd made £14.7m revenue and £2.5m profit in the year to 28 Feb 2025. read from filing text
Recipe Products Ltd’s revenue fell 25% to £14.7m in the year to 28 Feb 2025, with £2.5m profit and 19 employees. The company is classified under “other manufacturing” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- 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. From the filing: “The company is a 100% subsidiary of Helen of Troy Limited (Barbados) which is in turn a 100% subsidiary of”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £19.6m | £14.7m |
| Cost of sales | £4.8m | £0 |
| Gross profit | £14.8m | £14.7m |
| Operating profit | £6.6m | £3.3m |
| Profit before tax | £6.6m | £3.7m |
| Profit after tax | £5m | £2.5m |
| Profit (best available) | £5m | £2.5m |
| Staff costs | £1.8m | £1.7m |
| Employees (average) | 19 | 19 |
| Ratios | ||
| Profit margin | 25.4% | 16.8% |
| Gross margin | 75.4% | 100% |
| Revenue per employee | £1m | £772k |
| Profit per employee | £262k | £130k |
| Growth (year on year) | ||
| Revenue growth | — | ▼25.3% |
| Profit growth | — | ▼50.5% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £347k | £486k |
| Net assets | £20.4m | £22.9m |
| Fixed assets | £35.9k | £4k |
| Current assets | £22.7m | £31.2m |
| Debtors | £929k | £250 |
| Deferred income | £880k | £207k |
| Source | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £772k
- Revenue ÷ average employees.
- Profit per employee
- £130k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲12%
- Now £22.9m
- Cash at bank
- ▲40%
- Now £486k
- Headcount
- 0%
- Now 19
- Deferred income
- ▼77%
- Now £207k
- Fixed assets
- ▼89%
- Now £4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Helen Of Troy Limited (registered outside the UK register)ultimate parent75–100%
- Recipe Products Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £2.5m), from the Companies House accounts bulk data published Nov 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.