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.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text | Full 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) | 272 | 420 | 745 | 872 | 850 |
| Ratios | |||||
| Profit margin | 5.6% | −2.7% | 1% | 0.3% | 1.8% |
| Gross margin | 68.3% | 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 | — | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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.
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- A & S Restaurants LtdSmethwick · Unlicensed restaurants and cafes
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- Smash Operations LimitedKingswinford · Unlicensed restaurants and cafes
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- £40.6m
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- Compassco LimitedDerby · Unlicensed restaurants and cafes
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- £39.5m
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- B.J.R. Foods LimitedLondon · Unlicensed restaurants and cafes
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- Profit
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- Staff
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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.