RICOR LIMITED
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Cash
£458k
+102.5% vs 2025
Net assets
£2.8m
-44.3% lowest in 7 filed years
Employees
68
-46.5% lowest in 7 filed years
Profit before tax
-£2.3m
-3.4% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Accounts not prepared on a going-concern basis
On 13 March 2025, the group announced the closure of the Studley plant when the lease expires in November 2026. Ricor Global Limited has committed to provide support to Ricor Limited to enable this controlled site closure to an orderly wind down of operations. Consequently, the financial statements are prepared on a basis other than that of a going concern.
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1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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Going-concern uncertainty disclosed
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | £38,407,581 | £34,989,841 | £34,632,341 | £27,632,662 | £26,695,848 | £17,887,350 | £10,914,689 | -39% | |
| Operating profit | £3,942,032 | £1,281,502 | -£4,326,420 | -£6,905,433 | -£1,290,729 | -£2,113,550 | -£2,253,752 | -6.6% | |
| Profit before tax | £4,005,290 | £1,342,242 | -£4,299,245 | -£6,915,710 | -£1,439,752 | -£2,180,023 | -£2,254,684 | -3.4% | |
| Net profit | £3,601,839 | £1,438,794 | -£4,305,150 | -£6,726,461 | -£1,439,752 | -£2,180,023 | -£2,254,684 | -3.4% | |
| Cash | £1,366,568 | £622,035 | £204,060 | £78,588 | £267,040 | £226,290 | £458,344 | +102.5% | |
| Total assets less current liabilities | £18,733,127 | £20,067,274 | £15,745,768 | £8,734,494 | £7,266,745 | £5,184,722 | £3,088,038 | -40.4% | |
| Net assets | £18,297,314 | £19,736,108 | £15,430,958 | £8,704,497 | £7,264,745 | £5,084,722 | £2,830,038 | -44.3% | |
| Equity | £18,297,314 | £19,736,108 | £15,430,958 | £8,704,497 | £7,264,745 | £5,084,722 | £2,830,038 | -44.3% | |
| Average employees | 195 | 177 | 198 | 163 | 224 | 127 | 68 | -46.5% | |
| Wages | £5,534,375 | £5,773,869 | £5,132,980 | £4,613,717 | £5,236,525 | £4,095,908 | £2,254,891 | -44.9% | |
| Directors' remuneration | £331,593 | £489,862 | £530,010 | — | £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. 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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 10.3% | 3.7% | -12.5% | -25.0% | -4.8% | -11.8% | -20.6% | |
| Net margin | 9.4% | 4.1% | -12.4% | -24.3% | -5.4% | -12.2% | -20.7% | |
| Return on capital employed | 21.0% | 6.4% | -27.5% | -79.1% | -17.8% | -40.8% | -73.0% | |
| Gearing (liabilities / total assets) | 57.9% | 52.3% | 59.7% | 72.6% | 78.3% | 79.5% | 86.4% | |
| Current ratio | — | — | — | — | 1.17x | 1.17x | 1.12x | |
| Interest cover | 71.57x | 21.63x | -46.61x | -36.85x | -5.56x | -14.24x | -71.85x |
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 1 time since incorporation
- RICOR LIMITED 2001-04-23 → present
- BROOMCO (2485) LIMITED 2001-02-16 → 2001-04-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“On 13 March 2025, the group announced the closure of the Studley plant when the lease expires in November 2026. Ricor Global Limited has committed to provide support to Ricor Limited to enable this controlled site closure to an orderly wind down of operations. Consequently, the financial statements are prepared on a basis other than that of a going concern.”
Significant events
- “The group announced the closure of the Studley plant when the lease expires in November 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FLEWITT, Michael Robert | Director | 2026-05-11 | May 1962 | British |
| KEARNEY, Carolyn Clare | Director | 2025-12-04 | Apr 1983 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLARK, Georgina Stephanie | Secretary | 2020-02-29 | 2022-02-07 |
| COLLINS, Sean Patrick | Secretary | 2001-04-18 | 2020-02-29 |
| DLA SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 2001-02-16 | 2001-04-18 |
| BEARY, John Patrick | Director | 2001-04-18 | 2018-04-20 |
| CLARK, Georgina Stephanie | Director | 2021-03-18 | 2022-02-07 |
| DAVIES, Trevor Ralph | Director | 2001-04-18 | 2006-08-23 |
| EVANS, Mark Richard | Director | 2025-05-09 | 2026-05-06 |
| GALLONE, Peter Anthony Christopher | Director | 2025-05-09 | 2025-11-21 |
| HAIGNEY, Brian | Director | 2018-05-04 | 2025-05-09 |
| HOWELL, Colin Anthony | Director | 2001-04-18 | 2018-04-20 |
| JOHANSON, Anne Ritter | Director | 2018-04-20 | 2025-05-09 |
| JOHANSON, David R | Director | 2015-08-28 | 2025-05-09 |
| JOHNSON, Kenneth | Director | 2001-04-18 | 2015-08-28 |
| MARKUN, Rachel J. | Director | 2018-04-20 | 2025-05-09 |
| ROBINSON, John Thomas | Director | 2001-04-18 | 2006-11-21 |
| SMITH, Richard David | Director | 2021-11-05 | 2022-06-08 |
| DLA NOMINEES LIMITED | Corporate Nominee Director | 2001-02-16 | 2001-04-18 |
| DLA SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 2001-02-16 | 2001-04-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David R Johanson | Individual | Significant influence | 2018-04-20 | Ceased 2025-02-06 |
| Ricor Trade Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-04-20 | Active |
| Ricor Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-04-20 |
Filing timeline
Last 20 of 154 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | AA | accounts | Accounts with accounts type full | |
| 2026-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-03 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-28 | AA | accounts | Accounts with accounts type full | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.