Ricor Global Limited
Registered name: RICOR GLOBAL LIMITED
Ricor Global Limited made £111m revenue and a £3.3m loss in the year to 31 Mar 2025.
Ricor Global Limited’s revenue fell 10% to £111m in the year to 31 Mar 2025, with a loss of £3.3m and 666 employees. The company is classified under “activities of head offices” and is based in Studley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Studley, West Midlands
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £124m | £111m |
| Cost of sales | — | — | −£110m | −£95.5m |
| Gross profit | — | — | £13.9m | £15.9m |
| Operating profit | — | — | −£285k | £4m |
| Profit before tax | — | — | −£7.4m | −£2.8m |
| Profit after tax | £1.3m | −£15.8m | −£8.7m | −£3.3m |
| Profit (best available) | £1.3m | −£15.8m | −£8.7m | −£3.3m |
| Employees (average) | 8 | 22 | 24 | 666 |
| Ratios | ||||
| Profit margin | — | — | −7% | −3% |
| Gross margin | — | — | 11.2% | 14.3% |
| Revenue per employee | — | — | £5.2m | £167k |
| Profit per employee | £166k | −£719k | −£364k | −£5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼10.1% |
| Profit growth | — | ▼1289% | — | — |
| Headcount growth | — | ▲175% | ▲9.1% | ▲2675% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £20.2k | £5k | £6.1k | — |
| Net assets | £18.3m | £1.8m | −£7m | — |
| Fixed assets | — | £0 | £5.9k | — |
| Current assets | £11.6m | £14.5m | £14.9m | — |
| Debtors | £0 | £0 | £0 | — |
| Deferred income | £878k | £1.8m | £2.5m | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −3%
- Profit ÷ revenue.
- Gross margin
- 14.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £167k
- Revenue ÷ average employees.
- Profit per employee
- −£5k
- 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
- ▲2675%
- Now 666
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (3)
- Walsall Pressings Company LimitedRev. £47.3m · Profit £6.5m
- Ricor North East LimitedRev. £15.8m · Profit £685k
- Ricor Group LimitedFigures not disclosed
Minority corporate shareholders
- Tosca Debt Capital (Luxembourg) S.A.R.L. (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£3.3m), from the Companies House accounts bulk data published Nov 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.