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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

2 items

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

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
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 202204
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

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 2023-12-312024-12-31
Operating margin 11.0%17.8%
Net margin 10.9%18.8%
Return on capital employed 24.9%29.9%
Current ratio 2.62x3.72x

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

  1. REDINGTON LIMITED 2008-08-06 → present
  2. 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

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 PDF
2025-10-31 AD01 address Change registered office address company with date old address new address PDF
2025-09-23 AD02 address Change sail address company with old address new address PDF
2025-07-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-15 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2025-07-08 RP04AP01 officers Second filing of director appointment with name PDF
2025-07-02 AP01 officers Appoint person director company with name date
2025-07-01 TM01 officers Termination director company with name termination date PDF
2025-07-01 AP01 officers Appoint person director company with name date PDF
2025-06-30 TM01 officers Termination director company with name termination date PDF
2025-06-03 TM01 officers Termination director company with name termination date PDF
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 PDF
2024-11-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-11-05 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-10-09 AD03 address Move registers to sail company with new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
3

last 12 months

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

Official Companies House page