How much does Ramco Pipetech Holdings Limited make?

Ramco Pipetech Holdings Limited reported revenue of £18.7m and £41.7k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ramco Pipetech Holdings Limited have?

Ramco Pipetech Holdings Limited reported an average of 132 employees in the year to 31 Dec 2023.

Is Ramco Pipetech Holdings Limited profitable?

Yes — Ramco Pipetech Holdings Limited reported a profit of £41.7k in the year to 31 Dec 2023.

Company No. SC747263 · Incorporated 13 Oct 2022

Ramco Pipetech Holdings Limited

Registered name: RAMCO PIPETECH HOLDINGS LIMITED

Part of Lloyds Banking Group PLC group

Ramco Pipetech Holdings Limited made £18.7m revenue and £41.7k profit in the year to 31 Dec 2023.

Ramco Pipetech Holdings Limited’s revenue was £18.7m in the year to 31 Dec 2023, with £41.7k profit and 132 employees. The company is classified under “activities of other holding companies” and is based in Kingswells.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Liquidation
Location: Kingswells
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£18.7m

Growth —

Profit

£41.7k

Growth —

Profit margin

0.2%

Gross 37.3%

Employees

132

Change —

Profit / employee

£316

Revenue/employee £141k

Profitable streak

1yr

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£18.7m
Cost of sales	−£11.7m
Gross profit	£7m
Operating profit	£1m
Profit before tax	£126k
Profit after tax	£41.7k
Profit (best available)	£41.7k
Employees (average)	132
Ratios
Profit margin	0.2%
Gross margin	37.3%
Revenue per employee	£141k
Profit per employee	£316
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 37.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £141k; Revenue ÷ average employees.
Profit per employee: £316; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

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 —
Cash at bank: —; Now —
Headcount: —; Now 132
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Lloyds Banking Group PLCultimate parent75–100%
LBG Equity Investments Limited75–100%
Lloyds Development Capital (Holdings) Limited75–100%
LDC (Nominees) Limited25–50%
Ramco Pipetech Holdings Limitedthis company

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

Subsidiaries (1)

Ramco Pipe Care LimitedLiquidationRev. £2.4m · Profit £147k

Sister companies (3)

Project Juno Topco LimitedFigures not disclosed
Seahawk Bidco LimitedRev. — · Profit −£8m
Solais Topco LimitedRev. — · Profit −£10.4m

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £41.7k), from the Companies House accounts bulk data published Aug 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.