How much does Ricor North East Limited make?

Ricor North East Limited reported revenue of £15.8m and £685k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ricor North East Limited have?

Ricor North East Limited reported an average of 87 employees in the year to 31 Mar 2025.

Is Ricor North East Limited profitable?

Yes — Ricor North East Limited reported a profit of £685k in the year to 31 Mar 2025.

Company No. 12624700 · Incorporated 27 May 2020

Ricor North East Limited

Registered name: RICOR NORTH EAST LIMITED

Part of Ricor Global Limited group

Ricor North East Limited made £15.8m revenue and £685k profit in the year to 31 Mar 2025.

Ricor North East Limited’s revenue fell 19% to £15.8m in the year to 31 Mar 2025, with £685k profit and 87 employees. The company is classified under “manufacture of other parts and accessories for motor vehicles” and is based in Studley; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 29320Manufacture of other parts and accessories for motor vehicles

Status: Active
Location: Studley, West Midlands
Age: 6 yrs · since 2020
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightYoung and profitable

Revenue

£15.8m

Growth ▼19.1%

Profit

£685k

Growth ▼54.7%

Profit margin

4.3%

Gross 22.6%

Employees

Change 0%

Profit / employee

£7.9k

Revenue/employee £182k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£15.5m	£19.6m	£15.8m
Cost of sales	—	£13.2m	£15.3m	£12.3m
Gross profit	—	£2.3m	£4.3m	£3.6m
Operating profit	—	£305k	£1.8m	£817k
Profit before tax	—	£222k	£1.6m	£685k
Profit after tax	—	£329k	£1.5m	£685k
Profit (best available)	—	£329k	£1.5m	£685k
Staff costs	—	£2.2m	£3.2m	£3.2m
Employees (average)	64	71	87	87
Ratios
Profit margin	—	2.1%	7.7%	4.3%
Gross margin	—	15%	22.1%	22.6%
Revenue per employee	—	£219k	£225k	£182k
Profit per employee	—	£4.6k	£17.4k	£7.9k
Growth (year on year)
Revenue growth	—	—	▲26.2%	▼19.1%
Profit growth	—	—	▲359.1%	▼54.7%
Headcount growth	—	▲10.9%	▲22.5%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£637k	£78.1k	£765k	£68.9k
Net assets	£117k	£446k	£2m	£2.6m
Fixed assets	£1.1m	£1.2m	£1.2m	£1.3m
Current assets	£3m	£5.6m	£5.9m	£6.7m
Debtors	£1.3m	£3.2m	£2.2m	£2.1m
Deferred income	£492k	£1.7m	£1.2m	£2.3m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 4.3%; Profit ÷ revenue.
Gross margin: 22.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £182k; Revenue ÷ average employees.
Profit per employee: £7.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.5%; 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: ▲35%; Now £2.6m
Cash at bank: ▼91%; Now £68.9k
Headcount: 0%; Now 87
Deferred income: ▲82%; Now £2.3m
Fixed assets: ▲11%; Now £1.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ricor Global Limitedultimate parent75–100%
Ricor North East Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Walsall Pressings Company LimitedRev. £47.3m · Profit £6.5m
Ricor Group LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £685k), from the Companies House accounts bulk data published Oct 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.