REDINGTON LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-13 (in 3mo)
Last made up 2025-07-30
Watchouts
Cash
£16M
+98.5% vs 2023
Net assets
£21M
+49.4% vs 2023
Employees
204
+1% vs 2023
Profit before tax
£7M
+93.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £33,926,871 | £36,193,529 | |
| Operating profit | £3,720,259 | £6,434,165 | |
| Profit before tax | £3,508,343 | £6,786,827 | |
| Net profit | £3,712,714 | £6,812,361 | |
| Cash | £8,279,665 | £16,435,387 | |
| Total assets less current liabilities | £14,950,916 | £21,494,738 | |
| Net assets | £13,795,833 | £20,608,194 | |
| Equity | £13,795,833 | £20,608,194 | |
| Average employees | 202 | 204 | |
| Wages | £19,848,296 | £20,223,687 | |
| Directors' remuneration | £1,603,407 | £1,592,474 |
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
+6.7%
£33,926,871 £36,193,529
-
Cash
+98.5%
£8,279,665 £16,435,387
-
Net assets
+49.4%
£13,795,833 £20,608,194
-
Employees
+1%
202 204
-
Operating profit
+72.9%
£3,720,259 £6,434,165
-
Profit before tax
+93.4%
£3,508,343 £6,786,827
-
Wages
+1.9%
£19,848,296 £20,223,687
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 11.0% | 17.8% | |
| Net margin | 10.9% | 18.8% | |
| Return on capital employed | 24.9% | 29.9% | |
| Current ratio | 2.62x | 3.72x |
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
- REDINGTON LIMITED 2008-08-06 → present
- PROSPECT NUMBER 64 LIMITED 2008-07-30 → 2008-08-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The business is not impacted materially by the conflicts in Ukraine or the Middle East and is monitoring the impact that inflation and the current economic climate may have. The Company has adequate resources to continue in operational existence and no material uncertainties related to going concern have been identified. Redington has seen no change to its operating model or nature of trade since the acquisition. Integration planning is currently underway but we do not anticipate any changes to the business in the 12 months following accounts signature that will affect our going concern conclusions.”
Significant events
- “During the year, the Company's ultimate parent, Acorn Topco Limited, was acquired on 25 October 2024. The acquisition provides a stable, committed long-term ownership for Redington and the financial strength to develop our long-term proposition for clients, while continuing to offer exceptional service, and support our ambitious plans for further development and growth. Previously Redington was backed by Phoenix Equity Partners, a leading UK private equity firm.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PILTZ, David Geoffrey | Director | 2025-07-01 | Oct 1974 | British |
| WAUGH, Simon John | Director | 2025-11-04 | Apr 1958 | British |
| YOUNG, Michael | Director | 2025-07-01 | Nov 1965 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIMBERLEY, Neil | Secretary | 2017-07-28 | 2018-09-28 |
| TAYLOR-CUMMINGS, Jonathan Edgar | Secretary | 2010-04-30 | 2016-07-01 |
| THOMAS, David | Secretary | 2016-07-01 | 2017-07-28 |
| ATHENAEUM SECRETARIES LIMITED | Corporate Secretary | 2008-07-30 | 2008-07-30 |
| BENNETT, David James | Director | 2018-08-09 | 2022-09-23 |
| GARDNER, Robert James | Director | 2008-07-30 | 2020-02-18 |
| GEORGS, Lee | Director | 2019-11-21 | 2023-01-27 |
| HOWARD, Gavin | Director | 2023-09-01 | 2025-06-03 |
| JONES, Adam Peter | Director | 2021-09-22 | 2022-07-22 |
| KONOTEY-AHULU, Dawid | Director | 2008-07-30 | 2020-02-18 |
| LENON, Philip Hugh | Director | 2023-04-20 | 2024-10-25 |
| POZEZANAC, Sylvia | Director | 2022-04-04 | 2025-07-01 |
| PURVES, Kathryn Elizabeth | Director | 2020-06-01 | 2023-03-31 |
| SHETH, Mitesh Puspakkant | Director | 2017-05-01 | 2021-11-13 |
| SYMES, Philip Leslie | Director | 2021-01-27 | 2023-05-12 |
| TAYLOR, Zoe | Director | 2019-11-21 | 2025-06-30 |
| ATHENAEUM DIRECTORS LIMITED | Corporate Director | 2008-07-30 | 2008-07-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arthur J. Gallagher & Co. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-25 | Active |
| Phoenix Equity Partners Group Limited | Corporate entity | Significant influence | 2020-02-18 | Ceased 2024-10-25 |
| Mr Robert James Gardner | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-02-18 |
| David Konotey-Ahulu | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-02-18 |
Filing timeline
Last 20 of 171 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-01 RESOLUTIONS Resolution
- 2025-04-01 MA Memorandum articles
- 2024-11-26 MA Memorandum articles
- 2024-11-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-23 | AD02 | address | Change sail address company with old address new address | |
| 2025-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-07-08 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-22 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-01 | MA | incorporation | Memorandum articles | |
| 2024-11-26 | MA | incorporation | Memorandum articles | |
| 2024-11-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-09 | AD03 | address | Move registers to sail company with new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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.