RITCHIE BROS. UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
None on the register
Cash
£6M
+438.7% highest in 6 filed years
Net assets
£10M
+14.9% highest in 6 filed years
Employees
35
0% vs 2023
Profit before tax
£2M
+41.6% vs 2023
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £14,496,425 | — | £31,277,826 | — | £25,073,977 | £17,253,051 | £35,549,026 | £38,114,057 | |
| Operating profit | — | £680,264 | — | £844,389 | — | £1,073,101 | £1,956,643 | £2,319,886 | £2,599,796 | |
| Profit before tax | — | £704,767 | — | £1,345,451 | — | £1,109,993 | £1,867,094 | £1,219,070 | £1,726,253 | |
| Net profit | — | £564,606 | — | £1,147,985 | — | £923,357 | £1,493,231 | £957,010 | £1,127,837 | |
| Cash | — | £1,425,729 | — | £1,506,892 | — | £3,451,481 | £2,582,226 | £1,201,422 | £6,471,904 | |
| Total assets less current liabilities | — | £4,394,186 | — | £5,602,868 | — | £6,470,311 | £7,963,335 | £17,529,415 | £18,860,541 | |
| Net assets | — | £4,378,923 | — | £5,533,249 | — | £6,458,195 | £7,957,821 | £8,923,901 | £10,255,027 | |
| Equity | £3,807,694 | £4,378,923 | £4,378,923 | £5,533,249 | £5,533,249 | £6,458,195 | £7,957,821 | £8,923,901 | £10,255,027 | |
| Average employees | — | 33 | — | 33 | — | 30 | 29 | 35 | 35 | |
| Wages | — | £1,735,242 | — | £1,651,552 | — | £1,490,741 | £1,764,632 | £2,274,982 | £2,839,432 | |
| Directors' remuneration | — | — | — | — | — | — | — | £0 | £0 |
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
+7.2%
£35,549,026 £38,114,057
highest in 6 filed years
-
Cash
+438.7%
£1,201,422 £6,471,904
highest in 6 filed years
-
Net assets
+14.9%
£8,923,901 £10,255,027
highest in 6 filed years
-
Employees
0%
35 35
-
Operating profit
+12.1%
£2,319,886 £2,599,796
highest in 6 filed years
-
Profit before tax
+41.6%
£1,219,070 £1,726,253
-
Wages
+24.8%
£2,274,982 £2,839,432
highest in 6 filed years
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 | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.7% | — | 2.7% | — | 4.3% | 11.3% | 6.5% | 6.8% | |
| Net margin | — | 3.9% | — | 3.7% | — | 3.7% | 8.7% | 2.7% | 3.0% | |
| Return on capital employed | — | 15.5% | — | 15.1% | — | 16.6% | 24.6% | 13.2% | 13.8% | |
| Current ratio | — | — | — | — | — | — | — | 1.15x | 1.19x | |
| Interest cover | — | 27.29x | — | 18.26x | — | 38.68x | 16.53x | 2.10x | 2.90x |
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 2 times since incorporation
- RITCHIE BROS. UK LIMITED 2018-02-12 → present
- RITCHIE BROS. AUCTIONEERS (UK) LIMITED 1999-12-16 → 2018-02-12
- LORBALL LIMITED 1999-11-10 → 1999-12-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young, Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have received confirmation of continued financial support for the foreseeable future from the parent company, Ritchie Bros. Holdings B.V., thus directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the period of 12 months from the date of the approval of these financial statements and continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUIJMELINGS, Gertrude Leonie Patricia Maria | Director | 2025-01-01 | Jul 1969 | Dutch |
| VERMAAK, Ernst-Jan | Director | 2013-04-21 | May 1972 | Dutch |
| WATT, Darren Jeffrey | Director | 2013-04-21 | Jan 1972 | Canadian |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATESON, Anne Rosalind | Nominee Secretary | 1999-11-10 | 1999-12-17 |
| BUTZELAAR, Brian Andrew | Secretary | 2005-04-01 | 2016-01-15 |
| VOSKUIL, Cornelis Karel | Secretary | 1999-12-17 | 2004-07-31 |
| BEARD, John Christopher Howard | Director | 1999-12-17 | 2005-02-22 |
| CONSIGLIERI MUNOZ, Jorge Luis | Director | 2005-02-21 | 2016-01-15 |
| DE PRINS, Kristin Frans Amanda Louisa | Director | 2016-07-20 | 2017-08-15 |
| DEN TUINDER, Simon | Director | 2004-03-01 | 2004-06-30 |
| LAI, Poh Lim | Nominee Director | 1999-11-10 | 1999-12-17 |
| NORD, Nils Robert | Director | 2001-05-01 | 2002-03-31 |
| NOYEN, Herman | Director | 2017-08-15 | 2020-10-14 |
| RIJK, Jeroen Laurentius Johannus | Director | 2013-04-21 | 2022-07-01 |
| TURGEON, Guylain | Director | 2001-07-01 | 2013-04-21 |
| WALL, Randall James | Director | 1999-12-17 | 2001-07-01 |
| WYANT, Sam | Director | 2022-07-01 | 2024-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-28 | AA | accounts | Accounts with accounts type full | |
| 2023-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-28 | CH01 | officers | Change person director company with change date | |
| 2022-11-28 | CH01 | officers | Change person director company with change date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-19 | CH01 | officers | Change person director company with change date | |
| 2021-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-22 | AA | accounts | Accounts with accounts type full | |
| 2020-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.