Redruth Holdings 2 Limited
Registered name: REDRUTH HOLDINGS 2 LIMITED
Part of Royal London Mutual Insurance Society,limited(The) groupRedruth Holdings 2 Limited made £6.1m revenue and £4.9m profit in the year to 31 Mar 2025.
Redruth Holdings 2 Limited’s revenue was £6.1m in the year to 31 Mar 2025, with £4.9m profit. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.8m | £6.1m | £6.1m |
| Cost of sales | −£5.7m | −£5.8m | −£1.2m |
| Operating profit | −£1.9m | £340k | — |
| Profit before tax | −£1.9m | £340k | £4.9m |
| Profit after tax | −£1.9m | £340k | £4.9m |
| Profit (best available) | −£1.9m | £340k | £4.9m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −51.2% | 5.6% | 80% |
| Growth (year on year) | |||
| Revenue growth | — | ▲60.6% | ▲0.2% |
| Profit growth | — | — | ▲1336% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 80%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Royal London Mutual Insurance Society,limited(The)ultimate parent75–100%
- Royal London Asset Management Holdings Limited75–100%
- Dalmore GP Holdings Limited75–100%
- Dalmore Capital 19 GP Limited75–100%
- Redruth Holdings 2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Redruth Holdings 3 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £4.9m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.