PROCON READYMIX LIMITED
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Cash
£3.5M
+9.8% vs 2023
Net assets
£12M
+6% vs 2023
Employees
24
-14.3% vs 2023
Profit before tax
£662K
-59.4% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £14,453,783 | £12,413,355 | -14.1% | |
| Operating profit | £1,473,691 | £475,963 | -67.7% | |
| Profit before tax | £1,631,900 | £662,437 | -59.4% | |
| Net profit | £1,618,719 | £653,525 | -59.6% | |
| Cash | £3,180,635 | £3,492,911 | +9.8% | |
| Total assets less current liabilities | £10,846,843 | £11,500,368 | +6% | |
| Net assets | £10,846,843 | £11,500,368 | +6% | |
| Equity | £10,846,843 | £11,500,368 | +6% | |
| Average employees | 28 | 24 | -14.3% | |
| Wages | £1,287,571 | £1,174,470 | -8.8% | |
| 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. 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 10.2% | 3.8% | |
| Net margin | 11.2% | 5.3% | |
| Return on capital employed | 13.6% | 4.1% | |
| Current ratio | 5.63x | 5.33x |
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
- PROCON READYMIX LIMITED 2008-11-21 → present
- WEMBLEY RECYCLING LIMITED 2008-06-27 → 2008-11-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result of the above, the directors are of the opinion that the company will have sufficient funds to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “Volumes in the Readymix business decreased during 2024 by 10% compared to 2023.”
- “global events such as the Ukraine War along with a weakening of the UK economy alongside new competitors entering the market meant there was decline in activity compared to 2023.”
- “The 2024 exit price was a drop of 5% on the 2023 exit price.”
- “Increased inflation rates and the cost of energy due to the Ukraine crisis and geopolitical tensions, can create challenges to our operations and our people with consequences on business continuity and market dynamics.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POWELL, Alice Louise | Secretary | 2025-04-30 | — | — |
| LYNN, Michael David | Director | 2025-04-30 | Jul 1966 | British |
| PURI, Vishal | Director | 2018-08-22 | Mar 1974 | British |
| RAPPENSBERGER, Marcus Gabriel | Director | 2018-08-22 | Jul 1965 | British |
| RUSSELL, Lex Hunter | Director | 2020-11-23 | Nov 1965 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POWER, John | Secretary | 2008-11-18 | 2018-08-22 |
| CADEN, Seamus | Director | 2008-11-18 | 2018-08-22 |
| O'SULLIVAN, Michael, Mr. | Director | 2008-11-18 | 2009-06-15 |
| O'SULLIVAN, Michael | Director | 2008-11-18 | 2018-08-22 |
| PICKERING, Clare | Director | 2019-01-25 | 2025-04-30 |
| POWER, John | Director | 2008-11-18 | 2018-08-22 |
| WHITE, Christopher David, Mr. | Director | 2008-06-27 | 2008-11-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cemex Uk Operations Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-22 | Active |
| Mr John Power | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-08-22 |
| Mr Seamus Caden | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-08-22 |
| Mr Michael O'Sullivan | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-08-22 |
Filing timeline
Last 20 of 87 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-17 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-13 | AA | accounts | Accounts with accounts type small | |
| 2020-11-23 | AP01 | officers | Appoint person director company with name date | |
| 2020-06-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-10-10 | AA | accounts | Accounts with accounts type full | |
| 2019-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-06-11 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.