Riot Labs Ltd
Registered name: RIOT LABS LTD
Riot Labs Ltd made £15.1m revenue and £1.2m profit in the year to 31 Dec 2024. read from filing text
Riot Labs Ltd’s revenue grew 39% to £15.1m in the year to 31 Dec 2024, with £1.2m profit and 73 employees. The company is classified under “other manufacturing” and is based in Milton Keynes; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Milton Keynes, South East
- Age
- 8 yrs · since 2017
- 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 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £10.8m | £15.1m |
| Cost of sales | — | £5m | £6.7m |
| Gross profit | — | £5.8m | £8.4m |
| Operating profit | — | £937k | £1.5m |
| Profit before tax | — | £870k | £1.5m |
| Profit after tax | — | £755k | £1.2m |
| Profit (best available) | — | £755k | £1.2m |
| Employees (average) | 38 | 56 | 73 |
| Ratios | |||
| Profit margin | — | 7% | 8.1% |
| Gross margin | — | 53.7% | 55.8% |
| Revenue per employee | — | £193k | £207k |
| Profit per employee | — | £13.5k | £16.7k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲39.4% |
| Profit growth | — | — | ▲61.7% |
| Headcount growth | — | ▲47.4% | ▲30.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £354k | £1.3m | £1.9m |
| Net assets | £2.5m | £2.5m | £3m |
| Fixed assets | £1.1m | £1.3m | £1.5m |
| Current assets | £3.6m | £4.8m | £4.2m |
| Debtors | £839k | £1.1m | £499k |
| Deferred income | — | £45.2k | £19.5k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 8.1%
- Profit ÷ revenue.
- Gross margin
- 55.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £207k
- Revenue ÷ average employees.
- Profit per employee
- £16.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.3%
- 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
- ▲18%
- Now £3m
- Cash at bank
- ▲46%
- Now £1.9m
- Headcount
- ▲30%
- Now 73
- Deferred income
- ▼57%
- Now £19.5k
- Fixed assets
- ▲16%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Riot Labs Int LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.2m), from the Companies House accounts bulk data published Sep 2025. 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.