Racket Recruitment LimitedDissolved
Registered name: RACKET RECRUITMENT LIMITED
Racket Recruitment Limited made £350k revenue and £8.7k profit in the year to 30 Mar 2024.
Racket Recruitment Limited’s revenue fell 59% to £350k in the year to 30 Mar 2024, with £8.7k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Mar 2023 | 30 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £851k | £350k |
| Cost of sales | £645k | £235k |
| Gross profit | £205k | £115k |
| Operating profit | £103k | £10.7k |
| Profit before tax | £103k | £10.7k |
| Profit after tax | £83.8k | £8.7k |
| Profit (best available) | £83.8k | £8.7k |
| Employees (average) | 5 | 1 |
| Ratios | ||
| Profit margin | 9.8% | 2.5% |
| Gross margin | 24.1% | 32.9% |
| Revenue per employee | £170k | £350k |
| Profit per employee | £16.8k | £8.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▼58.8% |
| Profit growth | — | ▼89.6% |
| Headcount growth | — | ▼80% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £12.6k | £2.3k |
| Net assets | £83.8k | £8.7k |
| Fixed assets | £20.8k | £21k |
| Current assets | £63k | £12.3k |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 32.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £350k
- Revenue ÷ average employees.
- Profit per employee
- £8.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼90%
- Now £8.7k
- Cash at bank
- ▼82%
- Now £2.3k
- Headcount
- ▼80%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £21k
Sources
Latest figures from FullAccounts for the year to 30 Mar 2024 (profit £8.7k), from the Companies House accounts bulk data published May 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.