P.G. Rix (Farms) Limited
Registered name: P.G. RIX (FARMS) LIMITED
P.G. Rix (Farms) Limited made £16.9m revenue and £1.3m profit in the year to 28 Feb 2025.
P.G. Rix (Farms) Limited’s revenue grew 7% to £16.9m in the year to 28 Feb 2025, with £1.3m profit and 42 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Colchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Colchester, East of England
- Age
- 62 yrs · since 1964
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.9m | £13.5m | £15.7m | £16.9m |
| Cost of sales | £3.9m | £4.7m | £4.8m | £5.2m |
| Gross profit | £8m | £8.8m | £10.9m | £11.7m |
| Operating profit | £2.9m | £2.6m | £3.5m | £2.1m |
| Profit before tax | £2.6m | £2.2m | £3.2m | £1.8m |
| Profit after tax | £2m | £1.8m | £2.4m | £1.3m |
| Profit (best available) | £2m | £1.8m | £2.4m | £1.3m |
| Staff costs | £1.8m | £2m | £2.4m | £3.7m |
| Employees (average) | 34 | 37 | 41 | 42 |
| Ratios | ||||
| Profit margin | 16.7% | 13.2% | 15.2% | 7.6% |
| Gross margin | 67% | 65% | 69.3% | 69.1% |
| Revenue per employee | £351k | £366k | £383k | £402k |
| Profit per employee | £58.7k | £48.4k | £58.1k | £30.4k |
| Cash conversion | −106.3% | −161.3% | −105.3% | −232.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13.4% | ▲16.1% | ▲7.4% |
| Profit growth | — | ▼10.3% | ▲33.1% | ▼46.4% |
| Headcount growth | — | ▲8.8% | ▲10.8% | ▲2.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.8m | £6m | £6.4m | £2.5m |
| Net assets | £14.2m | £15m | £16.4m | £17.7m |
| Fixed assets | £10.7m | £11.1m | £11.6m | £17.7m |
| Current assets | £12.6m | £13.9m | £14.7m | £10.5m |
| Debtors | £3.4m | £3.9m | £3.5m | £2.5m |
| Deferred income | £121k | £171k | £387k | £1.4m |
| Cash from operations | −£3.1m | −£4.2m | −£3.7m | −£4.8m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 7.6%
- Profit ÷ revenue.
- Gross margin
- 69.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £402k
- Revenue ÷ average employees.
- Profit per employee
- £30.4k
- Profit ÷ average employees.
- Cash conversion
- −232.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 104.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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
- ▲8%
- Now £17.7m
- Cash at bank
- ▼62%
- Now £2.5m
- Headcount
- ▲2%
- Now 42
- Deferred income
- ▲273%
- Now £1.4m
- Fixed assets
- ▲52%
- Now £17.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- O.a.taylor & Sons Bulbs LimitedHolbeach Spalding · Growing of cereals (except rice), leguminous crops and oil seeds
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- W H Bond & Sons LimitedSaltash · Growing of cereals (except rice), leguminous crops and oil seeds
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.3m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.