How much does Consult Red Limited make?

Consult Red Limited reported revenue of £27.3m and £2.2m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Consult Red Limited have?

Consult Red Limited reported an average of 125 employees in the year to 31 Dec 2023.

Is Consult Red Limited profitable?

Yes — Consult Red Limited reported a profit of £2.2m in the year to 31 Dec 2023.

Company No. 06688270 · Incorporated 3 Sep 2008

Consult Red Limited

Registered name: CONSULT RED LIMITED

Part of Consult Red Holdings Limited group

Consult Red Limited made £27.3m revenue and £2.2m profit in the year to 31 Dec 2023.

Consult Red Limited’s revenue fell 23% to £27.3m in the year to 31 Dec 2023, with £2.2m profit and 125 employees. The company is classified under “information technology consultancy activities” and is based in Shipley; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities SIC 71122Engineering related scientific and technical consulting activities SIC 72190Other research and experimental development on natural sciences and engineering

Status: Active
Location: Shipley, Yorkshire and The Humber
Age: 18 yrs · since 2008
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£27.3m

Growth ▼23.2%

Profit

£2.2m

Growth ▼45.5%

Profit margin

8.1%

Gross 25.1%

Employees

125

Change ▲7.8%

Profit / employee

£17.7k

Revenue/employee £218k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£35.5m	£27.3m
Cost of sales	£24.8m	£20.4m
Gross profit	£10.8m	£6.8m
Operating profit	£5.1m	£2.3m
Profit before tax	£4.9m	£2.6m
Profit after tax	£4.1m	£2.2m
Profit (best available)	£4.1m	£2.2m
Staff costs	£12.3m	£8.8m
Employees (average)	116	125
Ratios
Profit margin	11.4%	8.1%
Gross margin	30.3%	25.1%
Revenue per employee	£306k	£218k
Profit per employee	£35k	£17.7k
Cash conversion	103.6%	8.6%
Growth (year on year)
Revenue growth	—	▼23.2%
Profit growth	—	▼45.5%
Headcount growth	—	▲7.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.5m	£2.7m
Net assets	£4.9m	£5.2m
Fixed assets	£234k	£605k
Current assets	£11.6m	£13.1m
Debtors	£5.4m	£7.5m
Deferred income	£604k	£552k
Cash from operations	£5.3m	£194k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 8.1%; Profit ÷ revenue.
Gross margin: 25.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £218k; Revenue ÷ average employees.
Profit per employee: £17.7k; Profit ÷ average employees.
Cash conversion: 8.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 27.4%; 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: ▲7%; Now £5.2m
Cash at bank: ▼40%; Now £2.7m
Headcount: ▲8%; Now 125
Deferred income: ▼9%; Now £552k
Fixed assets: ▲159%; Now £605k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Consult Red Holdings Limitedultimate parent75–100%
Consult Red 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £2.2m), 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.