Consult Red Holdings Limited
Registered name: CONSULT RED HOLDINGS LIMITED
Consult Red Holdings Limited made £27.4m revenue and £1.8m profit in the year to 31 Dec 2023.
Consult Red Holdings Limited’s revenue was £27.4m in the year to 31 Dec 2023, with £1.8m profit and 271 employees. The company is classified under “non-trading company” and is based in Shipley; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Shipley, Yorkshire and The Humber
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £35.7m | £27.4m |
| Cost of sales | £21.5m | £17.5m |
| Gross profit | £14.2m | £9.9m |
| Operating profit | £6.4m | £3.2m |
| Profit before tax | £6.1m | £2.9m |
| Profit after tax | £8.8m | £1.8m |
| Profit (best available) | £8.8m | £1.8m |
| Staff costs | £21.8m | £17.9m |
| Employees (average) | 244 | 271 |
| Ratios | ||
| Profit margin | 24.7% | 6.7% |
| Gross margin | 39.8% | 36.1% |
| Revenue per employee | £146k | £101k |
| Profit per employee | £36.1k | £6.8k |
| Cash conversion | 96% | 40.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £24.2k | £24.1k |
| Net assets | £7.5m | £8m |
| Fixed assets | £286k | £710k |
| Current assets | £149k | £194k |
| Debtors | £5.4m | £7.5m |
| Cash from operations | £6.1m | £1.3m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 36.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £101k
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- 40.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27.2%
- 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
- —
- Now £8m
- Cash at bank
- —
- Now £24.1k
- Headcount
- —
- Now 271
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £710k
Group structure
Subsidiaries (1)
- Consult Red LimitedRev. £27.3m · Profit £2.2m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £1.8m), from the Companies House accounts bulk data published Sep 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.