Rykneld Tean Limited
Registered name: RYKNELD TEAN LIMITED
Part of E. Oppermann Mech. Gurt-Und Bandweberei Gmbh groupRykneld Tean Limited made £14.4m revenue and £1.2m profit in the year to 31 Dec 2024.
Rykneld Tean Limited’s revenue grew 14% to £14.4m in the year to 31 Dec 2024, with £1.2m profit and 89 employees. The company is classified under “weaving of textiles” and is based in Derby; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Derby, East Midlands
- Age
- 85 yrs · since 1941
- 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.
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 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.7m | £12.7m | £14.4m |
| Cost of sales | £9.3m | £8.5m | £9.9m |
| Gross profit | £4.4m | £4.2m | £4.5m |
| Operating profit | £1.3m | £1.6m | £1.7m |
| Profit before tax | £1.2m | £1.6m | £1.6m |
| Profit after tax | £999k | £1.2m | £1.2m |
| Profit (best available) | £999k | £1.2m | £1.2m |
| Staff costs | £3.8m | £3.8m | £4.3m |
| Employees (average) | 98 | 89 | 89 |
| Ratios | |||
| Profit margin | 7.3% | 9.6% | 8.4% |
| Gross margin | 31.9% | 32.9% | 31.2% |
| Revenue per employee | £139k | £142k | £162k |
| Profit per employee | £10.2k | £13.7k | £13.7k |
| Cash conversion | −53.3% | −2.6% | −33.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.3% | ▲13.9% |
| Profit growth | — | ▲22.2% | ▼0.3% |
| Headcount growth | — | ▼9.2% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £807k | £1m | £848k |
| Net assets | £4.7m | £6m | £7.2m |
| Fixed assets | £1m | £1.1m | £1m |
| Current assets | £6.9m | £7.5m | £8.3m |
| Debtors | £2.7m | £2.1m | £2.5m |
| Deferred income | £520k | £332k | — |
| Cash from operations | −£699k | −£41.6k | −£560k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 8.4%
- Profit ÷ revenue.
- Gross margin
- 31.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £162k
- Revenue ÷ average employees.
- Profit per employee
- £13.7k
- Profit ÷ average employees.
- Cash conversion
- −33.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.6%
- 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
- ▲20%
- Now £7.2m
- Cash at bank
- ▼16%
- Now £848k
- Headcount
- 0%
- Now 89
- Deferred income
- —
- Now —
- Fixed assets
- ▼11%
- Now £1m
Group structure
Ownership chain
- E. Oppermann Mech. Gurt-Und Bandweberei Gmbh (registered outside the UK register)ultimate parent75–100%
- Oppermann UK Limited75–100%
- Rykneld Tean Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Fothergill Engineered Fabrics LimitedLittleborough · Weaving of textiles
- Revenue
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- Profit
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- Staff
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- Bowmer-Bond Narrow Fabrics LimitedDerbyshire. · Weaving of textiles
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- Tba Protective Technologies LimitedLittleborough · Weaving of textiles
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- Lochcarron of Scotland LimitedScottish Borders · Weaving of textiles
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- £8.8m
- Profit
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- Stephen Walters & Sons LimitedSudbury · Weaving of textiles
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- £8.5m
- Profit
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- James Dewhurst LimitedAccrington · Weaving of textiles
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.2m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.