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Next accounts due

2027-06-30 (in 1y)

Last filed for 2025-09-30

Confirmation statement due

2027-01-29 (in 8mo)

Last made up 2026-01-15

Watchouts

1 item

Cash

£458K

-4% vs 2024

Net assets

Equity attributable

Employees

0

Average over period

Profit before tax

-£3K

-103.3% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-09-30

Metric Trend 2024-09-302025-09-30
Turnover £494,000£406,000
Operating profit £110,000£14,000
Profit before tax £92,000-£3,000
Net profit £69,000-£2,000
Cash £477,000£458,000
Total assets less current liabilities
Net assets
Equity £251,000£199,000
Average employees 00
Wages
Directors' remuneration

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

FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30

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 2024-09-302025-09-30
Operating margin 22.3%3.4%
Net margin 14.0%-0.5%
Current ratio 1.43x1.39x
Interest cover 4.58x0.64x

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

  1. REDBRICK SURVEY AND VALUATION LIMITED 2008-05-16 → present
  2. TANGENT SURVEY AND VALUATION PLC 2008-04-16 → 2008-05-16
  3. PARAGON MORTGAGES (NO.26) PLC 2005-03-12 → 2008-04-16

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After considering the Company's position, the economic environment and the forecasts described above, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. This is further supported by the Group holding sufficient cash resources to support the Company's obligations as they fall due. For this reason, they continue to adopt the going concern basis in preparing the Financial Statements.”

Significant events

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

People

2 active · 10 resigned

Name Role Appointed Born Nationality
HITCHES, David Anthony Director 2008-04-07 Jan 1960 British
SMITH, Neil Alan Director 2011-09-09 Dec 1968 British
Show 10 resigned officers
Name Role Appointed Resigned
GEMMELL, John Grigor Secretary 2005-03-17 2014-06-30
SHARP, Pandora Secretary 2014-06-30 2020-06-01
HAMMONDS SECRETARIES LIMITED Corporate Secretary 2005-03-12 2005-03-17
FIFE, Mark Robert Director 2008-12-10 2011-09-13
FOULDS, Peter Arthur Director 2008-04-07 2008-11-27
GEMMELL, John Grigor Director 2005-03-17 2014-06-30
KEEN, Nicholas Director 2005-03-17 2008-12-10
SHELTON, Richard Dominic Director 2005-03-17 2021-02-03
HAMMONDS DIRECTORS LIMITED Corporate Director 2005-03-12 2005-03-17
HAMMONDS SECRETARIES LIMITED Corporate Director 2005-03-12 2005-03-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Idem Capital Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-12-18 Active
Paragon Banking Group Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-05-31 Ceased 2025-12-18
Moorgate Servicing Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2023-05-31

Filing timeline

Last 20 of 92 total filings

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

  • 2025-12-21 RESOLUTIONS Resolution
  • 2025-12-21 MA Memorandum articles
Date Type Category Description
2026-03-10 AA accounts Accounts with accounts type full
2026-01-15 CS01 confirmation-statement Confirmation statement with updates PDF
2025-12-23 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-23 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-21 RESOLUTIONS resolution Resolution
2025-12-21 MA incorporation Memorandum articles
2025-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-06 AA accounts Accounts with accounts type full
2024-03-25 CS01 confirmation-statement Confirmation statement with updates PDF
2024-02-15 AA accounts Accounts with accounts type full
2023-06-16 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-06-16 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-03-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-16 AA accounts Accounts with accounts type full
2022-03-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-08 AA accounts Accounts with accounts type full
2021-03-12 CS01 confirmation-statement Confirmation statement with updates PDF
2021-02-15 AA accounts Accounts with accounts type full
2021-02-03 TM01 officers Termination director company with name termination date PDF
2021-01-18 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page