Ringneill Trading Limited
Registered name: RINGNEILL TRADING LIMITED
Ringneill Trading Limited made £275k revenue and £7.1k profit in the year to 31 Jan 2026.
Ringneill Trading Limited’s revenue grew 16% to £275k in the year to 31 Jan 2026, with £7.1k profit and 8 employees. The company is classified under “washing and (dry-)cleaning of textile and fur products” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 33 yrs · since 1992
- 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 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £237k | £275k |
| Cost of sales | — | — | £114k | £126k |
| Gross profit | — | — | £123k | £150k |
| Operating profit | — | — | £841 | £12.8k |
| Profit before tax | — | — | £289 | £11k |
| Profit after tax | — | — | −£534 | £7.1k |
| Profit (best available) | — | — | −£534 | £7.1k |
| Employees (average) | 7 | 8 | 8 | 8 |
| Ratios | ||||
| Profit margin | — | — | −0.2% | 2.6% |
| Gross margin | — | — | 52% | 54.3% |
| Revenue per employee | — | — | £29.6k | £34.4k |
| Profit per employee | — | — | −£67 | £886 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲16.3% |
| Headcount growth | — | ▲14.3% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £852 | £1.9k | £1.4k | £1.6k |
| Net assets | −£922 | £6.5k | £6k | £11k |
| Fixed assets | £54.7k | £47.3k | £51.1k | £39.8k |
| Current assets | £9.2k | £18.2k | £8k | £7.1k |
| Debtors | £3.5k | £1.8k | £3k | £301 |
| Deferred income | — | — | £4.6k | £2.3k |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FilletedAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 54.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £34.4k
- Revenue ÷ average employees.
- Profit per employee
- £886
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲83%
- Now £11k
- Cash at bank
- ▲21%
- Now £1.6k
- Headcount
- 0%
- Now 8
- Deferred income
- ▼50%
- Now £2.3k
- Fixed assets
- ▼22%
- Now £39.8k
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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Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £7.1k), from the Companies House accounts bulk data published Jun 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.