Redcorn Holdings Limited
Registered name: REDCORN HOLDINGS LIMITED
Redcorn Holdings Limited made £39m revenue and £648k profit in the year to 31 May 2025. read from filing text
Redcorn Holdings Limited’s revenue fell 9% to £39m in the year to 31 May 2025, with £648k profit and 166 employees. The company is classified under “activities of other holding companies” and is based in Purfleet-on-Thames; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Purfleet-on-Thames, London
- Age
- 7 yrs · since 2019
- 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 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £65.1m | £42.7m | £39m |
| Cost of sales | — | £56.3m | £30.6m | £28.1m |
| Gross profit | — | £8.9m | £12.1m | £10.9m |
| Operating profit | — | £808k | £2.2m | £1.2m |
| Profit before tax | — | £656k | £2m | £1m |
| Profit after tax | £2.6m | £661k | £1.2m | £648k |
| Profit (best available) | £2.6m | £661k | £1.2m | £648k |
| Employees (average) | 285 | 235 | 189 | 166 |
| Ratios | ||||
| Profit margin | — | 1% | 2.9% | 1.7% |
| Gross margin | — | 13.6% | 28.3% | 28% |
| Revenue per employee | — | £277k | £226k | £235k |
| Profit per employee | £9.2k | £2.8k | £6.6k | £3.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼34.5% | ▼8.6% |
| Profit growth | — | ▼74.7% | ▲87.4% | ▼47.6% |
| Headcount growth | — | ▼17.5% | ▼19.6% | ▼12.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £105k | £533 | £464 | £44 |
| Net assets | £1.8m | £1.7m | £1.6m | £1.6m |
| Fixed assets | £1.7m | £2.6m | £2.6m | £1.6m |
| Current assets | £213k | £135k | £135k | £332k |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £15k | £15k | £15k | £6.9k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £235k
- Revenue ÷ average employees.
- Profit per employee
- £3.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- 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
- ▲1%
- Now £1.6m
- Cash at bank
- ▼91%
- Now £44
- Headcount
- ▼12%
- Now 166
- Deferred income
- ▼54%
- Now £6.9k
- Fixed assets
- ▼39%
- Now £1.6m
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)
- Redcorn LimitedRev. £37.8m · Profit £874k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £648k), from the Companies House accounts bulk data published Jun 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.