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Company No. 10036243 · Incorporated 2 Mar 2016

Redmill Restaurants Limited

Registered name: REDMILL RESTAURANTS LIMITED

Redmill Restaurants Limited made £41.4m revenue and £734k profit in the year to 31 Dec 2025. read from filing text

Redmill Restaurants Limited’s revenue grew 4% to £41.4m in the year to 31 Dec 2025, with £734k profit and 850 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Spalding; we hold 5 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes
Status
Active
Location
Spalding, East of England
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageDoing more with less
Revenue
£41.4m
Growth ▲3.9%
Profit
£734k
Growth ▲522.2%
Profit margin
1.8%
Gross 66.5%
Employees
850
Change ▼2.5%
Profit / employee
£864
Revenue/employee £48.7k
Profitable streak
3yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£12.1m£13.9m£29.7m£39.8m£41.4m
Cost of sales£3.8m£5m£10.5m£13.6m£13.9m
Gross profit£8.3m£8.9m£19.2m£26.2m£27.5m
Operating profit£828k−£339k£510k£287k£1.1m
Profit before tax£806k−£374k£419k£170k£992k
Profit after tax£675k−£381k£309k£118k£734k
Profit (best available)£675k−£381k£309k£118k£734k
Staff costs£3.5m£4.4m£9.1m£12.4m£12.4m
Employees (average)272420745872850
Ratios
Profit margin5.6%−2.7%1%0.3%1.8%
Gross margin68.3%63.9%64.7%65.8%66.5%
Revenue per employee£44.5k£33.2k£39.8k£45.7k£48.7k
Profit per employee£2.5k−£908£415£135£864
Cash conversion−140.7%—−573.5%——
Growth (year on year)
Revenue growth—▲15.1%▲112.9%▲34.4%▲3.9%
Profit growth—▼156.5%—▼61.9%▲522.2%
Headcount growth—▲54.4%▲77.4%▲17.1%▼2.5%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£1.4m£3.3m£2.6m£3m
Net assets£681k£262k£537k£620k£1.4m
Fixed assets£2.5m£2.2m£3.4m£3.7m£5.4m
Current assets£1.4m£1.6m£3.8m£2.9m£3.4m
Debtors£32.7k£0£32.1k£0£1.2k
Deferred income——£406k£884k£559k
Cash from operations−£1.2m−£607k−£2.9m——
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.8%
Profit ÷ revenue.
Gross margin
66.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£48.7k
Revenue ÷ average employees.
Profit per employee
£864
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13%
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.
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
▲118%
Now £1.4m
Cash at bank
▲17%
Now £3m
Headcount
▼3%
Now 850
Deferred income
▼37%
Now £559k
Fixed assets
▲46%
Now £5.4m

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

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £734k), from the Companies House accounts bulk data published Sep 2026. 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.