RASPBERRY PI LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-24 (in 4mo)
Last made up 2025-09-10
Watchouts
Cash
£34M
+8.5% vs 2023
Net assets
£134M
+13.4% vs 2023
Employees
129
+18.3% vs 2023
Profit before tax
£14M
-49.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- RASPBERRY PI LTD 2021-11-12 → present
- RASPBERRY PI (TRADING) LIMITED 2012-12-18 → 2021-11-12
- NEWINCCO 1209 LIMITED 2012-09-10 → 2012-12-18
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £197,034,841 | £192,364,715 | |
| Operating profit | £27,872,498 | £15,344,700 | |
| Profit before tax | £28,317,272 | £14,381,023 | |
| Net profit | £23,424,759 | £10,896,961 | |
| Cash | £31,282,431 | £33,951,075 | |
| Total assets less current liabilities | £135,507,784 | £151,371,386 | |
| Net assets | £118,013,343 | £133,876,946 | |
| Equity | £118,013,343 | £133,876,946 | |
| Average employees | 109 | 129 | |
| Wages | £10,081,542 | £13,194,959 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 14.1% | 8.0% | |
| Net margin | 11.9% | 5.7% | |
| Return on capital employed | 20.6% | 10.1% | |
| Current ratio | 2.33x | 1.93x | |
| Interest cover | 47.00x | 8.62x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these considerations, the Board concludes the Company can operate within its committed facilities and cash resources for the foreseeable future. Accordingly, the Directors have adopted the going concern basis in preparing the financial statements.”
Group structure
- RASPBERRY PI LTD · parent
- Raspberry Pi Ireland Ltd 100%
- Raspberry Pi (Trading) North America Inc. 100%
Significant events
- “On 5 March 2025, the Revolving Credit Facility was replaced, increasing the available funds to $80.0 million (2024: $40.0 million) with improved terms extended until 4 March 2029 (2024: 24 April 2027). The facility remains undrawn.”
- “Our IPO period represented an intensive phase of investor engagement, with numerous presentations led by our CEO and CFO and engagement with strategic investors by David Gammon.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOULT, Richard David | Secretary | 2021-06-23 | — | — |
| ADAMS, James Robert | Director | 2020-10-08 | Mar 1980 | British |
| BOULT, Richard David | Director | 2019-10-04 | Aug 1965 | British |
| HOLLINGWORTH, Gordon Scott | Director | 2020-10-08 | Sep 1971 | British |
| UPTON, Eben Christopher, Dr. | Director | 2012-12-18 | Apr 1978 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GARNER, Anne-Marie | Secretary | 2017-11-27 | 2018-08-03 |
| LANG, Jack Arnold | Secretary | 2012-12-18 | 2017-11-01 |
| ORMOND, Emma Louise | Secretary | 2018-08-03 | 2021-06-23 |
| OLSWANG COSEC LIMITED | Corporate Secretary | 2012-09-10 | 2012-12-18 |
| CLEEVELY, David Douglas | Director | 2012-12-18 | 2019-02-28 |
| COLLIGAN, Philip Albert | Director | 2018-05-17 | 2024-06-19 |
| COUTU, Sherry Leigh, Cbe | Director | 2012-12-18 | 2024-06-19 |
| GAMMON, David Ranken | Director | 2016-09-06 | 2024-07-16 |
| HELLAWELL, Martin John | Director | 2019-07-29 | 2024-06-19 |
| HOWARTH, Lance Gregory | Director | 2013-01-28 | 2015-03-10 |
| IZZARD, Rachel Claire | Director | 2022-06-10 | 2024-06-19 |
| LABBAD, Daniel | Director | 2021-07-01 | 2024-06-19 |
| LANG, Jack Arnold | Director | 2012-12-18 | 2021-10-14 |
| MACKIE, Christopher Alan | Director | 2012-09-10 | 2012-12-18 |
| MAIRS, Christopher John | Director | 2019-03-22 | 2024-06-19 |
| OLSWANG DIRECTORS 1 LIMITED | Corporate Director | 2012-09-10 | 2012-12-18 |
| OLSWANG DIRECTORS 2 LIMITED | Corporate Director | 2012-09-10 | 2012-12-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Raspberry Pi Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-05-23 | Active |
| Raspberry Pi Foundation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-05-23 |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-06 MA Memorandum articles
- 2025-02-06 RESOLUTIONS Resolution
- 2024-05-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-11 | AA | accounts | Accounts with accounts type full | |
| 2025-03-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MA | incorporation | Memorandum articles | |
| 2025-02-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-06 | SH08 | capital | Capital name of class of shares | |
| 2024-09-25 | AD02 | address | Change sail address company with old address new address | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-06-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-28 | SH02 | capital | Capital alter shares subdivision | |
| 2024-05-28 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-2.4%
£197,034,841 £192,364,715
-
Cash
+8.5%
£31,282,431 £33,951,075
-
Net assets
+13.4%
£118,013,343 £133,876,946
-
Employees
+18.3%
109 129
-
Operating profit
-44.9%
£27,872,498 £15,344,700
-
Profit before tax
-49.2%
£28,317,272 £14,381,023
-
Wages
+30.9%
£10,081,542 £13,194,959
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers