Richborough Estates Holdings Limited
Registered name: RICHBOROUGH ESTATES HOLDINGS LIMITED
Part of Fields Bidco Limited groupRichborough Estates Holdings Limited made £13.6m revenue and a £263k loss in the year to 31 Dec 2023. read from filing text
Richborough Estates Holdings Limited’s revenue grew 130% to £13.6m in the year to 31 Dec 2023, with a loss of £263k and 27 employees. The company is classified under “activities of other holding companies” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 6 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.
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.
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £5.9m | £13.6m |
| Cost of sales | £6.7m | £8.5m |
| Gross profit | −£798k | £5.1m |
| Operating profit | −£4.7m | −£315k |
| Profit before tax | −£7.9m | −£748k |
| Profit after tax | −£6.9m | −£263k |
| Profit (best available) | −£6.9m | −£263k |
| Employees (average) | 23 | 27 |
| Ratios | ||
| Profit margin | −117.5% | −1.9% |
| Gross margin | −13.5% | 37.8% |
| Revenue per employee | £257k | £503k |
| Profit per employee | −£302k | −£9.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲130.1% |
| Headcount growth | — | ▲17.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1.8m | £1.8m |
| Fixed assets | £1 | £1 |
| Debtors | £0 | £0 |
| Deferred income | £4.3k | £4.4k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −1.9%
- Profit ÷ revenue.
- Gross margin
- 37.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £503k
- Revenue ÷ average employees.
- Profit per employee
- −£9.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- ▼0%
- Now £1.8m
- Cash at bank
- —
- Now —
- Headcount
- ▲17%
- Now 27
- Deferred income
- ▲3%
- Now £4.4k
- Fixed assets
- 0%
- Now £1
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Fields Bidco Limitedultimate parent75–100%
- Richborough Estates Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Richborough Commercial LimitedFigures not disclosed
- Richborough Estates Group LimitedRev. — · Profit −£494k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£263k), from the Companies House accounts bulk data published May 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.