How much does Piping Rock UK Limited make?

Piping Rock UK Limited reported revenue of £8.9m and a loss of £783k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Piping Rock UK Limited have?

Piping Rock UK Limited reported an average of 29 employees in the year to 31 Dec 2023.

Is Piping Rock UK Limited profitable?

No — Piping Rock UK Limited reported a loss of £783k in the year to 31 Dec 2023.

Company No. 12160645 · Incorporated 16 Aug 2019

Piping Rock UK Limited

Registered name: PIPING ROCK UK LIMITED

Piping Rock UK Limited made £8.9m revenue and a £783k loss in the year to 31 Dec 2023.

Piping Rock UK Limited’s revenue grew 15% to £8.9m in the year to 31 Dec 2023, with a loss of £783k and 29 employees. The company is classified under “manufacture of other food products” and is based in Leicester; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Leicester, East Midlands
Age: 7 yrs · since 2019
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Piping Rock UK Limited is subsidiary of Piping Rock Health Products, LLC a US Company, which prepares consolidated group financial statements. The ultimate controlling party is S Rudolph.”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£8.9m

Growth ▲14.9%

Profit

−£783k

Growth —

Profit margin

−8.8%

Gross 26.1%

Employees

Change ▲3.6%

Profit / employee

−£27k

Revenue/employee £307k

Profitable streak

0yrs

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 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.6m	£7.8m	£8.9m
Cost of sales	£4.4m	£6.8m	£6.6m
Gross profit	£1.3m	£985k	£2.3m
Operating profit	−£2.1m	−£4m	−£783k
Profit before tax	−£2.1m	−£4m	−£783k
Profit after tax	−£2.1m	−£3.9m	−£783k
Profit (best available)	−£2.1m	−£3.9m	−£783k
Employees (average)	18	28	29
Ratios
Profit margin	−37.9%	−50.9%	−8.8%
Gross margin	22.4%	12.7%	26.1%
Revenue per employee	£312k	£277k	£307k
Profit per employee	−£118k	−£141k	−£27k
Growth (year on year)
Revenue growth	—	▲38.3%	▲14.9%
Headcount growth	—	▲55.6%	▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£534k	£340k	£522k
Net assets	−£2.9m	−£6.8m	−£7.6m
Fixed assets	£149k	£1.9m	£1.7m
Current assets	£3.5m	£2.8m	£3.6m
Debtors	£239k	£124k	£84.6k
Deferred income	£270k	£351k	£626k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −8.8%; Profit ÷ revenue.
Gross margin: 26.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £307k; Revenue ÷ average employees.
Profit per employee: −£27k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.9%; 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 −£7.6m
Cash at bank: ▲54%; Now £522k
Headcount: ▲4%; Now 29
Deferred income: ▲78%; Now £626k
Fixed assets: ▼14%; Now £1.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal 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 2023 (profit −£783k), from the Companies House accounts bulk data published Sep 2024. 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.