The Canning Group International Ltd
Registered name: THE CANNING GROUP INTERNATIONAL LTD
Part of Rutland Partners LLP groupThe Canning Group International Ltd made £18m revenue and a £17.3m loss in the year to 31 Dec 2024.
The Canning Group International Ltd’s revenue fell 52% to £18m in the year to 31 Dec 2024, with a loss of £17.3m and 122 employees. The company is classified under “other business support service activities” and is based in Hereford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hereford
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
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) | £24.1m | £37.7m | £18m |
| Cost of sales | −£15.5m | −£25.9m | −£15.5m |
| Gross profit | £8.6m | £11.9m | £2.5m |
| Operating profit | −£1.4m | £368k | −£8.8m |
| Profit before tax | −£7.4m | −£7m | −£17.3m |
| Profit after tax | −£7.4m | −£7.2m | −£17.3m |
| Profit (best available) | −£7.4m | −£7.2m | −£17.3m |
| Employees (average) | 134 | 152 | 122 |
| Ratios | |||
| Profit margin | −30.9% | −19% | −96.4% |
| Gross margin | 35.7% | 31.5% | 13.9% |
| Revenue per employee | £180k | £248k | £147k |
| Profit per employee | −£55.6k | −£47.2k | −£142k |
| Growth (year on year) | |||
| Revenue growth | — | ▲56.4% | ▼52.4% |
| Headcount growth | — | ▲13.4% | ▼19.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −96.4%
- Profit ÷ revenue.
- Gross margin
- 13.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £147k
- Revenue ÷ average employees.
- Profit per employee
- −£142k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼20%
- Now 122
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Rutland Partners LLPultimate parent50–75%
- The Canning Group International Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- The Canning Group Holdings LimitedFigures not disclosed
Sister companies (7)
- Omar Group Holdings LimitedRev. £43m · Profit −£8.1m
- Rutland Fund SPV LimitedFigures not disclosed
- Rutland Holdco LimitedFigures not disclosed
- Rutland III Cilp GP LimitedFigures not disclosed
- Rutland III SPV LimitedFigures not disclosed
- Rutland Registrations LimitedFigures not disclosed
- Walstead Holdings LimitedRev. — · Profit £355m
Minority corporate shareholders
- Rutland III GP LLP 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£17.3m), from the Companies House accounts bulk data published Jan 2026. 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.