Ruggable UK Ltd.
Registered name: RUGGABLE UK LTD.
Ruggable UK Ltd. made £30.5m revenue and £912k profit in the year to 31 Jan 2025.
Ruggable UK Ltd.’s revenue grew 41% to £30.5m in the year to 31 Jan 2025, with £912k profit and 41 employees. The company is classified under “manufacture of woven or tufted carpets and rugs” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £21.7m | £30.5m |
| Cost of sales | — | — | £8.1m | £11.8m |
| Gross profit | — | — | £13.6m | £18.7m |
| Operating profit | — | — | £5.9m | £1.2m |
| Profit before tax | — | — | £5.8m | £1.2m |
| Profit after tax | — | −£2.4m | £5.2m | £912k |
| Profit (best available) | — | −£2.4m | £5.2m | £912k |
| Staff costs | — | £904k | £1.9m | £2.9m |
| Employees (average) | — | 8 | 26 | 41 |
| Ratios | ||||
| Profit margin | — | — | 23.7% | 3% |
| Gross margin | — | — | 62.7% | 61.3% |
| Revenue per employee | — | — | £835k | £745k |
| Profit per employee | — | −£298k | £198k | £22.2k |
| Cash conversion | — | — | 61.2% | 60.3% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲40.6% |
| Profit growth | — | — | — | ▼82.3% |
| Headcount growth | — | — | ▲225% | ▲57.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £1.2m | £1.6m | £1.6m |
| Net assets | £1k | −£1.4m | £3.8m | £4.7m |
| Fixed assets | — | £827k | £3.5m | £3.2m |
| Current assets | £1k | £4.4m | £7.6m | £10.3m |
| Debtors | £1k | £281k | £87.1k | £163k |
| Deferred income | — | £1.1m | £1.4m | £1.8m |
| Cash from operations | — | — | £3.6m | £699k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 61.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £745k
- Revenue ÷ average employees.
- Profit per employee
- £22.2k
- Profit ÷ average employees.
- Cash conversion
- 60.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▲24%
- Now £4.7m
- Cash at bank
- ▲2%
- Now £1.6m
- Headcount
- ▲58%
- Now 41
- Deferred income
- ▲31%
- Now £1.8m
- Fixed assets
- ▼10%
- Now £3.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- M&a Matting UK, LtdManchester · Manufacture of woven or tufted carpets and rugs
- Revenue
- £41.1m
- Profit
- £350k
- Staff
- 268
- A.w. (Europe) LimitedHalifax · Manufacture of woven or tufted carpets and rugs
- Revenue
- £55.9m
- Profit
- £2.3m
- Staff
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- Penthouse Carpets LimitedLancs · Manufacture of woven or tufted carpets and rugs
- Revenue
- £14.6m
- Profit
- £13.8k
- Staff
- 71
- Brintons Carpets LimitedKidderminster · Manufacture of woven or tufted carpets and rugs
- Revenue
- £72.4m
- Profit
- £3.9m
- Staff
- 1,278
- National Floorcoverings LimitedLiversedge · Manufacture of other carpets and rugs
- Revenue
- £20.9m
- Profit
- £1.2m
- Staff
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- Phoenox Textiles LimitedHuddersfield · Manufacture of other carpets and rugs
- Revenue
- £20.9m
- Profit
- £1.8m
- Staff
- 154
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £912k), 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.