Ready Mix Specialists Limited
Registered name: READY MIX SPECIALISTS LIMITED
Part of Ready Mix Holdings Limited groupReady Mix Specialists Limited made £18.2m revenue and £477k profit in the year to 31 Jul 2025.
Ready Mix Specialists Limited’s revenue grew 13% to £18.2m in the year to 31 Jul 2025, with £477k profit and 28 employees. The company is classified under “manufacture of ready-mixed concrete” and is based in London; we hold 4 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.3m | £16.2m | £16.1m | £18.2m |
| Cost of sales | £8.9m | £12.8m | £13.1m | £15.9m |
| Gross profit | £3.5m | £3.5m | £3m | £2.3m |
| Operating profit | £2.5m | £2.3m | £1.8m | £761k |
| Profit before tax | £2.5m | £2.2m | £1.7m | £663k |
| Profit after tax | £2m | £1.7m | £1.3m | £477k |
| Profit (best available) | £2m | £1.7m | £1.3m | £477k |
| Staff costs | £1.2m | £1.1m | £1.1m | £1.4m |
| Employees (average) | 32 | 33 | 26 | 28 |
| Ratios | ||||
| Profit margin | 15.9% | 10.5% | 8.1% | 2.6% |
| Gross margin | 28.1% | 21.3% | 18.6% | 12.6% |
| Revenue per employee | £385k | £492k | £620k | £651k |
| Profit per employee | £61.1k | £51.7k | £49.9k | £17.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲31.7% | ▼0.8% | ▲13.1% |
| Profit growth | — | ▼12.8% | ▼23.9% | ▼63.2% |
| Headcount growth | — | ▲3.1% | ▼21.2% | ▲7.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £354k | £1m | £350k |
| Net assets | £4.1m | £5.8m | £5.1m | £3.6m |
| Fixed assets | £1.9m | £2.5m | £2.8m | £3.6m |
| Current assets | £6m | £8.4m | £9.8m | £10.6m |
| Debtors | £2.3m | £2.3m | £3.1m | £2.6m |
| Deferred income | £34.8k | £292k | £30k | £129k |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 12.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £651k
- Revenue ÷ average employees.
- Profit per employee
- £17.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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
- ▼30%
- Now £3.6m
- Cash at bank
- ▼65%
- Now £350k
- Headcount
- ▲8%
- Now 28
- Deferred income
- ▲331%
- Now £129k
- Fixed assets
- ▲31%
- Now £3.6m
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
- Ready Mix Holdings Limitedultimate parent75–100%
- Ready Mix Specialists Limitedthis 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).
Similar profitable businesses
- Gemmix LimitedCoalville · Manufacture of ready-mixed concrete
- Revenue
- £17.2m
- Profit
- £206k
- Staff
- 54
- Dependable Concrete (North West) LimitedBirkenhead · Manufacture of ready-mixed concrete
- Revenue
- £21.3m
- Profit
- £1.2m
- Staff
- 53
- Mincrete LimitedStoke-on-Trent · Manufacture of ready-mixed concrete
- Revenue
- £14m
- Profit
- £242k
- Staff
- 37
- Andrew Hopkins Concrete LimitedNR Yeovil · Manufacture of ready-mixed concrete
- Revenue
- £11.8m
- Profit
- £278k
- Staff
- 46
- Eastern Concrete LimitedStowmarket · Manufacture of ready-mixed concrete
- Revenue
- £30m
- Profit
- £558k
- Staff
- 103
- The Concrete Company (Thorney) LimitedPeterborough · Manufacture of ready-mixed concrete
- Revenue
- £9.8m
- Profit
- £245k
- Staff
- 40
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £477k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.