How much does SR2 Rec Limited make?

SR2 Rec Limited reported revenue of £27.1m and £599k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does SR2 Rec Limited have?

SR2 Rec Limited reported an average of 65 employees in the year to 31 Dec 2025.

Is SR2 Rec Limited profitable?

Yes — SR2 Rec Limited reported a profit of £599k in the year to 31 Dec 2025.

Company No. 10662207 · Incorporated 9 Mar 2017

SR2 Rec Limited

Registered name: SR2 REC LIMITED

SR2 Rec Limited made £27.1m revenue and £599k profit in the year to 31 Dec 2025.

SR2 Rec Limited’s revenue grew 56% to £27.1m in the year to 31 Dec 2025, with £599k profit and 65 employees. The company is classified under “other activities of employment placement agencies” and is based in Bristol; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: Bristol, South West
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£27.1m

Growth ▲55.9%

Profit

£599k

Growth ▲48.9%

Profit margin

2.2%

Gross 26.5%

Employees

Change ▲4.8%

Profit / employee

£9.2k

Revenue/employee £417k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.6m	£17.4m	£27.1m
Cost of sales	−£11.6m	−£11.8m	−£19.9m
Gross profit	£6m	£5.6m	£7.2m
Operating profit	£887k	£538k	£752k
Profit before tax	£897k	£550k	£764k
Profit after tax	£676k	£403k	£599k
Profit (best available)	£676k	£403k	£599k
Employees (average)	55	62	65
Ratios
Profit margin	3.8%	2.3%	2.2%
Gross margin	33.9%	32.3%	26.5%
Revenue per employee	£320k	£280k	£417k
Profit per employee	£12.3k	£6.5k	£9.2k
Growth (year on year)
Revenue growth	—	▼1.3%	▲55.9%
Profit growth	—	▼40.5%	▲48.9%
Headcount growth	—	▲12.7%	▲4.8%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 26.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £417k; Revenue ÷ average employees.
Profit per employee: £9.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲5%; Now 65
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (3)

SR2 Consulting LimitedFigures not disclosed
SR2 Rec Group LtdFigures not disclosed
SR2 Tech for Impact LtdFigures not disclosed

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 Dec 2025 (profit £599k), 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.