RIFTWARD LIMITED
Get an alert when RIFTWARD LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.8M
+20.2% highest in 3 filed years
Net assets
£5.5M
+14.1% highest in 3 filed years
Employees
41
+10.8% highest in 3 filed years
Profit before tax
£909K
+14.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2021-04-30 | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £12,017,440 | £13,817,239 | +15% | |
| Operating profit | — | £750,564 | £885,388 | +18% | |
| Profit before tax | — | £792,879 | £909,049 | +14.7% | |
| Net profit | £260,020 | £392,374 | £674,980 | +72% | |
| Cash | £1,415,301 | £1,529,960 | £1,838,435 | +20.2% | |
| Total assets less current liabilities | £3,778,173 | £5,750,818 | £6,104,771 | +6.2% | |
| Net assets | £3,354,027 | £4,778,798 | £5,452,778 | +14.1% | |
| Equity | £3,354,027 | £4,778,798 | £5,452,778 | +14.1% | |
| Average employees | 37 | 37 | 41 | +10.8% | |
| Wages | — | £1,105,011 | £1,231,068 | +11.4% | |
| Directors' remuneration | — | £126,137 | £126,137 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|
| Operating margin | — | 6.2% | 6.4% | |
| Net margin | — | 3.3% | 4.9% | |
| Return on capital employed | — | 13.1% | 14.5% | |
| Gearing (liabilities / total assets) | — | 43.1% | 41.0% | |
| Current ratio | — | 1.68x | 1.60x | |
| Interest cover | — | 18.71x | 40.27x |
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 102
- Auditor
- Daniel Hicks
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORRIS, Richard Llewelyn | Secretary | 1993-04-09 | — | British |
| MORRIS, Richard Llewelyn | Director | 1997-10-02 | Mar 1966 | British |
| MORRIS, Royston | Director | — | Sep 1944 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORRIS, Royston | Secretary | — | 1993-04-09 |
| DEMMER, Carol | Director | — | 2026-03-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Riftward (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-15 | Active |
| R & Rm Properties (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-14 | Ceased 2025-04-15 |
| Mr Richard Llewelyn Morris | Individual | Shares 25–50% | 2016-04-06 | Ceased 2025-04-14 |
| Mr Royston Morris | Individual | Shares 25–50% | 2016-04-06 | Ceased 2025-04-14 |
Filing timeline
Last 20 of 122 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-02 MA Memorandum articles
- 2025-04-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-02 | MA | incorporation | Memorandum articles | |
| 2025-04-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.