RICHARDSON MILLING (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-15
Overdue
Watchouts
Cash
£494K
+81.6% vs 2023
Net assets
£31M
-5.2% vs 2023
Employees
154
-6.1% vs 2023
Profit before tax
-£12M
-600.5% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-15.
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £50,402,547 | £50,484,624 | £55,981,382 | £47,765,880 | |
| Operating profit | — | — | £4,688,047 | £2,746,341 | -£1,567,678 | -£11,538,493 | |
| Profit before tax | — | — | £4,689,595 | £2,714,672 | -£1,668,248 | -£11,686,023 | |
| Net profit | — | — | £3,641,645 | £1,907,197 | -£1,111,696 | -£10,671,216 | |
| Cash | — | — | £5,355,019 | £6,634,536 | £271,737 | £493,597 | |
| Total assets less current liabilities | — | — | £24,907,606 | £26,980,375 | £32,718,456 | £31,912,788 | |
| Net assets | — | — | £23,908,013 | £25,815,210 | £32,289,766 | £30,618,550 | |
| Equity | £18,167,108 | £20,266,368 | £23,908,013 | £25,815,210 | £32,289,766 | £30,618,550 | |
| Average employees | — | — | 150 | 155 | 164 | 154 | |
| Wages | — | — | £5,443,835 | £5,776,979 | £5,988,112 | £5,885,763 | |
| Directors' remuneration | — | — | £324,922 | £210,880 | £168,263 | £30,332 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.7%
£55,981,382 £47,765,880
lowest in 4 filed years
-
Cash
+81.6%
£271,737 £493,597
-
Net assets
-5.2%
£32,289,766 £30,618,550
-
Employees
-6.1%
164 154
-
Operating profit
-636%
-£1,567,678 -£11,538,493
lowest in 4 filed years
-
Profit before tax
-600.5%
-£1,668,248 -£11,686,023
lowest in 4 filed years
-
Wages
-1.7%
£5,988,112 £5,885,763
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 9.3% | 5.4% | -2.8% | -24.2% | |
| Net margin | — | — | 7.2% | 3.8% | -2.0% | -22.3% | |
| Return on capital employed | — | — | 18.8% | 10.2% | -4.8% | -36.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 27.4% | 32.6% | |
| Current ratio | — | — | — | — | 1.12x | 1.15x | |
| Interest cover | — | — | 3562.35x | 85.88x | -15.59x | -78.21x |
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.
Name history
Renamed 4 times since incorporation
- RICHARDSON MILLING (UK) LIMITED 2017-06-19 → present
- EUROPEAN OAT MILLERS LIMITED 1989-08-31 → 2017-06-19
- CEREAL MILLERS (EUROPE) LIMITED 1989-04-25 → 1989-08-31
- W. JORDAN (MILLERS) LIMITED 1984-06-26 → 1989-04-25
- RAPKENT LIMITED 1984-02-06 → 1984-06-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors and management have prepared detailed forecasts that show that the Company will have sufficient financial resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements... Accordingly, the Directors have continued to prepare these financial statements on a going concern basis.”
Significant events
- “During the year, the Company experienced a 15% decrease in turnover, falling from £56.0m to £47.8m.”
- “In the period an impairment was identified of £6.9m by comparing the asset carrying value to the higher of Fair Value less cost to dispose, and Value in use.”
- “The Company continues the expansion and redevelopment of the Mile Road production facility in Bedford. The Company is expecting to continue this development over the coming years as part of a 4-phase programme which will improve production capacity and efficiency.”
- “The immediate parent undertaking, Richardson International Limited, issued a capital contribution of £9.0m in the year and £8.0m post year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELDON, Jarrett Craig | Secretary | 2024-02-28 | — | — |
| BANBURY, Neil Robert | Director | 2025-02-25 | Jan 1977 | Canadian |
| BEARD, Robert William | Director | 2024-02-28 | Jan 1957 | British |
| FARRAR, Richard William | Director | 2024-02-28 | Apr 1958 | British |
| SHELDON, Jarrett Craig | Director | 2025-02-25 | Jan 1970 | Canadian |
| SOBKOW, Darrell | Director | 2024-02-28 | Mar 1966 | Canadian |
| SOBKOW, Darwin Glen | Director | 2017-06-15 | Jul 1969 | Canadian |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENHALGH, John | Secretary | 2012-07-24 | 2012-11-23 |
| PAYTON, Roland Arthur | Secretary | — | 2012-07-24 |
| SMITH, Carl Martin | Secretary | 2013-05-01 | 2019-11-06 |
| WOLD, Jeanette Elizabeth | Secretary | 2019-11-06 | 2024-02-28 |
| WOODHORN SERVICES LTD | Corporate Secretary | 2012-11-23 | 2013-04-05 |
| BAKER, Peter | Director | 2009-10-01 | 2017-06-15 |
| BONYNGE, Martin Ralph | Director | 2014-09-09 | 2017-06-15 |
| BRAMALL, David John | Director | 2016-09-19 | 2017-09-19 |
| BRAND, Albertus | Director | 2012-07-03 | 2019-10-01 |
| CHIVERTON, Geoffrey Neil | Director | 2000-05-26 | 2012-01-04 |
| CRAIG, Wayne Henry | Director | 2003-12-10 | 2013-10-15 |
| CUBITT, David Antony | Director | 2000-05-26 | 2003-09-22 |
| DESTIN, Raymond | Director | — | 1993-11-18 |
| GREENHALGH, John Phillip | Director | 2011-12-16 | 2012-11-08 |
| JORDAN, David | Director | 2012-03-21 | 2017-06-15 |
| JORDAN, Richard David | Director | 2017-09-19 | 2024-02-28 |
| JORDAN, Richard David | Director | — | 2000-05-26 |
| JORDAN, William John | Director | 2012-03-21 | 2017-06-15 |
| JORDAN, William John | Director | — | 2000-05-26 |
| KARSAN, Moezali Zaver | Director | — | 2014-09-09 |
| MANUEL, Thomas Lon | Director | — | 2000-05-26 |
| POIDEVIN, Steven Le | Director | 2024-02-28 | 2026-02-01 |
| SARGEANT, Michael Anthony | Director | 1993-11-18 | 2000-04-12 |
| SMITH, Carl Martin | Director | 2019-11-06 | 2024-02-28 |
| SMITH, Carl Martin | Director | 2013-04-09 | 2017-09-19 |
| VOSSEN, Curtis Russel | Director | 2017-06-15 | 2025-01-10 |
| WALTER, Michael David | Director | — | 2014-09-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richardson Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-01 | Active |
| Mr William John Jordan | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-trust, ownership-of-shares-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2017-06-15 |
| Mr Richard David Jordan | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-trust, ownership-of-shares-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2017-06-15 |
Filing timeline
Last 20 of 199 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-10 | TM01 | officers | Termination director company with name | |
| 2026-01-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-15 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-12-30 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-12-19 | SH01 | capital | Capital allotment shares | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-28 | CH03 | officers | Change person secretary company with change date | |
| 2025-02-28 | CH03 | officers | Change person secretary company with change date | |
| 2025-02-28 | CH01 | officers | Change person director company with change date | |
| 2025-02-27 | CH01 | officers | Change person director company with change date | |
| 2025-02-27 | CH01 | officers | Change person director company with change date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- 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.