How much does R J Refurbishments Limited make?

R J Refurbishments Limited reported revenue of £1.3m and £353k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does R J Refurbishments Limited have?

R J Refurbishments Limited reported an average of 2 employees in the year to 31 May 2023.

Is R J Refurbishments Limited profitable?

Yes — R J Refurbishments Limited reported a profit of £353k in the year to 31 May 2023.

Company No. 06881195 · Incorporated 20 Apr 2009

R J Refurbishments Limited

Registered name: R J REFURBISHMENTS LIMITED

R J Refurbishments Limited made £1.3m revenue and £353k profit in the year to 31 May 2023. read from filing text

R J Refurbishments Limited’s revenue fell 4% to £1.3m in the year to 31 May 2023, with £353k profit and 2 employees. The company is classified under “remediation activities and other waste management services” and is based in Wolverhampton; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services

Status: Active
Location: Wolverhampton, West Midlands
Age: 17 yrs · since 2009
Type: Private Limited Company

Latest accounts · year to 31 May 2023

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£1.3m

Growth ▼4.2%

Profit

£353k

Growth ▲17.3%

Profit margin

27.6%

Gross 42.1%

Employees

Change 0%

Profit / employee

£176k

Revenue/employee £639k

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 May 2022	31 May 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.3m	£1.3m
Cost of sales	£890k	£741k
Gross profit	£445k	£538k
Operating profit	£377k	£470k
Profit before tax	£373k	£461k
Profit after tax	£301k	£353k
Profit (best available)	£301k	£353k
Employees (average)	2	2
Ratios
Profit margin	22.5%	27.6%
Gross margin	33.3%	42.1%
Revenue per employee	£667k	£639k
Profit per employee	£150k	£176k
Growth (year on year)
Revenue growth	—	▼4.2%
Profit growth	—	▲17.3%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£169k	£240k
Net assets	£141k	£227k
Fixed assets	£118k	£98.9k
Current assets	£340k	£420k
Debtors	£113k	£97.1k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 27.6%; Profit ÷ revenue.
Gross margin: 42.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £639k; Revenue ÷ average employees.
Profit per employee: £176k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.6%; 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: ▲61%; Now £227k
Cash at bank: ▲42%; Now £240k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼16%; Now £98.9k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £353k), from the Companies House accounts bulk data published Feb 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.