STRI LTD. — The Accounts

Net assets

6-year trend · vs Consumer Discretionary median

STRI LTD.·Consumer Discretionary median · n=16805

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Δ vs prior
Turnover	£5,583,272	£4,771,750	£5,216,166	£5,617,533	£5,365,974	£6,048,817	+12.7%
Operating profit	£404,623	£267,868	£153,403	£787,140	£443,861	-£189,201	-142.6%
Profit before tax	£1,266,841	£1,008,245	£1,055,831	£2,079,958	£1,295,685	£1,548,286	+19.5%
Net profit	£1,270,885	£1,031,730	£1,027,125	£1,918,348	£1,205,969	£1,478,222	+22.6%
Cash	£2,372,847	£2,045,042	£3,090,009	£396,783	£804,102	£1,324,668	+64.7%
Total assets less current liabilities	£5,498,163	£6,302,193	£7,321,686	£4,525,714	£5,211,389	£4,690,700	-10%
Net assets	£4,968,845	£6,000,575	£7,027,700	£4,233,013	£4,958,512	£4,464,962	-10%
Equity	£4,968,845	£6,000,575	£7,027,700	£4,233,013	£4,958,512	£4,464,962	-10%
Average employees	64	61	65	64	66	66	0%
Wages	£2,482,133	£2,488,086	£2,552,929	£2,577,476	£3,013,885	£3,213,870	+6.6%
Directors' remuneration	£207,428	£540,053	£448,043	£463,295	£699,823	£795,018	+13.6%
Directors' pension contributions	—	—	—	£45,352	£31,984	£37,765	+18.1%
Highest paid director	—	—	—	£151,886	£233,391	£241,356	+3.4%

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	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating margin	7.2%	5.6%	2.9%	14.0%	8.3%	-3.1%
Net margin	22.8%	21.6%	19.7%	34.1%	22.5%	24.4%
Return on capital employed	7.4%	4.3%	2.1%	17.4%	8.5%	-4.0%
Gearing (liabilities / total assets)	16.4%	3.6%	5.4%	37.4%	39.4%	44.7%
Current ratio	—	—	—	2.01x	2.00x	1.74x
Interest cover	29.28x	19.87x	9.84x	34.54x	18.02x	-99.32x

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
Reporting scope: Standalone (parent only)
Auditor: Azets Audit Services Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“the directors believe on balance that they have sufficient resources to enable trading to continue for a period of at least one year from the date of approval of the financial statements”

Group structure

STRI LTD. · parent
1. Carrick Sports Construction Limited 60% · Scotland · Sports facility construction
2. Mashup Analytics Ltd 75% · United Kingdom · Sports data analytics
3. SportsTurf Consultants (Australia) Pty Ltd 100% · Australia · Sports and amenity turf consultancy
4. STRI Australia Pty Ltd 100% · Australia · Sports and amenity turf consultancy
5. STRI Hong Kong Limited 100% · Hong Kong · Sports and amenity turf consultancy
6. The Environmental Protection Group Limited 100% · United Kingdom · Environmental consultant
7. STRI Arabia Ltd 100% · Saudi Arabia · Sports and amenity turf consultancy
8. Hafren Water Limited 100% · United Kingdom · Environmental consulting activities
9. STRI Consulting Limited 100% · United Kingdom · Technical consulting activities
10. STRI Research Ltd 100% · United Kingdom · Technical consulting activities

Significant events

“On 31 October 2025, The Environmental Protection Group Ltd acquired 100% of the issued share capital of Hafren Water Limited, which subsequently became a wholly-owned subsidiary.”
“On 20 April 2026, STRI Ltd acquired 100% control of Carrick Sports Construction Limited by purchasing all outstanding minority shareholdings. Consequently, Carrick Sports Construction Ltd is recognized as a wholly-owned subsidiary from this date.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 20 resigned

Name	Role	Appointed	Born	Nationality
GODFREY, Mark	Secretary	2006-08-31	—	British
GODFREY, Mark	Director	2007-09-01	Sep 1962	British
PENROSE, Lee Anthony	Director	2014-06-01	Apr 1978	British
STUTTARD, Richard	Director	2020-10-01	Jun 1980	British
WALTERS, Gareth Gwilym	Director	2021-01-01	Sep 1982	British

Show 20 resigned officers

Name	Role	Appointed	Resigned
HUTCHINSON, Trevor	Secretary	1996-04-19	2006-08-25
ASHCROFT CAMERON SECRETARIES LIMITED	Corporate Secretary	1996-04-19	1996-04-19
BROOKER, Andrew David	Director	2020-10-01	2022-07-01
CAMPION, William Ian	Director	2002-03-21	2010-03-16
CANAWAY, Patrick Michael, Dr	Director	1996-04-19	2000-03-31
COLE, Andrew Roger	Director	2014-06-01	2016-10-14
DENNESS, Michael Henry	Director	2010-03-16	2013-04-14
HAYDEN, Richard John	Director	2010-03-16	2012-11-08
HUTCHINSON, Trevor	Director	1996-04-19	2006-08-25
KIPPAX, Martin	Director	2008-11-05	2015-06-30
LEWIN, Derek James	Director	2010-03-16	2016-03-31
LEWIN, Derek James	Director	1997-03-19	2000-09-28
MANN, Ruth Louise, Dr	Director	2021-01-01	2021-08-31
MARSH, David Max	Director	2000-09-28	2008-08-26
MCKILLOP, Ian Gordon, Dr	Director	2000-07-10	2016-04-29
PERRIS, Jeffrey	Director	1999-09-01	2009-10-01
ROBINSON, Roger Tattersall	Director	1996-04-19	2001-11-16
SANDERSON, Stuart Mclean, Professor	Director	2010-03-16	2017-01-31
SMITH, Graham Hurndall	Director	2010-03-16	2016-03-31
ASHCROFT CAMERON NOMINEES LIMITED	Corporate Director	1996-04-19	1996-04-19

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Stri Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2020-05-31	Active
Mr Mark Godfrey	Individual	Significant influence	2016-04-06	Ceased 2020-05-31
Mr Lee Anthony Penrose	Individual	Significant influence	2016-04-06	Ceased 2020-05-31

Filing timeline

Last 20 of 123 total filings

Material constitutional events — rename, articles re-file, resolution

2023-03-16 MA Memorandum articles
2023-03-16 RESOLUTIONS Resolution

Date	Type	Category	Description
2026-09-08	AA	accounts	Accounts with accounts type full	PDF
2026-02-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-09-22	AA	accounts	Accounts with accounts type full	PDF
2025-02-06	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-08-15	AA	accounts	Accounts with accounts type full	PDF
2024-02-12	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-19	AA	accounts	Accounts with accounts type full	PDF
2023-03-16	MA	incorporation	Memorandum articles
2023-03-16	RESOLUTIONS	resolution	Resolution
2023-03-13	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2023-03-13	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2023-03-13	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2023-03-02	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-02-10	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-09-29	AA	accounts	Accounts with accounts type full	PDF
2022-09-07	CH01	officers	Change person director company with change date	PDF
2022-09-07	CH03	officers	Change person secretary company with change date	PDF
2022-07-01	TM01	officers	Termination director company with name termination date	PDF
2022-03-18	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-12-23	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.