READYPOWER GROUP LIMITED
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Cash
£8k
+33.3% vs 2024
Net assets
£11m
-44.9% lowest in 3 filed years
Employees
27
+22.7% vs 2024
Profit before tax
-£1.9m
-221.7% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £77,794,000 | £2,087,000 | £2,415,000 | +15.7% | |
| Operating profit | £4,103,000 | -£2,275,000 | -£1,882,000 | +17.3% | |
| Profit before tax | £747,000 | -£585,000 | -£1,882,000 | -221.7% | |
| Net profit | -£163,000 | £67,000 | -£1,454,000 | -2,270.1% | |
| Cash | £6,260,000 | £6,000 | £8,000 | +33.3% | |
| Total assets less current liabilities | £34,787,000 | £20,730,000 | £11,298,000 | -45.5% | |
| Net assets | £15,128,000 | £19,943,000 | £10,989,000 | -44.9% | |
| Equity | £15,128,000 | £19,943,000 | £10,989,000 | -44.9% | |
| Average employees | 402 | 22 | 27 | +22.7% | |
| Wages | £21,517,000 | £2,020,000 | £2,185,000 | +8.2% | |
| Directors' remuneration | £605,000 | — | £1,774,000 | — | |
| Directors' pension contributions | £26,000 | £35,000 | £26,000 | -25.7% | |
| Highest paid director | £289,000 | £1,335,000 | £1,391,000 | +4.2% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 5.3% | -109.0% | -77.9% | |
| Net margin | -0.2% | 3.2% | -60.2% | |
| Return on capital employed | 11.8% | -11.0% | -16.7% | |
| Gearing (liabilities / total assets) | 87.3% | 79.9% | 89.9% | |
| Current ratio | 0.29x | 0.04x | 0.05x | |
| Interest cover | 1.15x | -0.41x | — |
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
- READYPOWER GROUP LIMITED 2019-05-01 → present
- READYPOWER RAIL SERVICES GROUP HOLDINGS LIMITED 2017-03-23 → 2019-05-01
- BRUNEL TOPCO LIMITED 2016-11-24 → 2017-03-23
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation, at the time of approving these financial statements, that the company has adequate resources to continue operating for the going concern period.”
Group structure
- READYPOWER GROUP LIMITED · parent
- Readypower Rail Services Limited 100%
- Readypower Terrawise Limited 100%
- Readypower Complete Drain Clearance Limited 100%
- Force One Limited 100%
- Readypower Canada Ltd. 100%
- Total Rail Solutions Limited 100%
Significant events
- “On 4 June 2025, the 100% owned subsidiary Jamie-Lee Cooper Limited, which was dormant in the current and prior year, was dissolved.”
- “At 31 December 2025, the subsidiary Total Rail Solutions Limited, which was dormant in the current and prior year, was in members voluntary liquidation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Malcolm | Director | 2022-01-28 | Mar 1967 | British |
| COCKAYNE, Timothy Noel | Director | 2026-02-09 | Jul 1978 | British |
| JORDAN, David Michael | Director | 2024-04-02 | Mar 1973 | British |
| OLIVER, James Richard | Director | 2025-01-01 | Jan 1978 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Alistair Paul | Director | 2016-11-24 | 2022-01-28 |
| CASEY, Christopher | Director | 2018-08-22 | 2018-09-27 |
| CROSSEN, James Michael | Director | 2022-11-02 | 2023-09-07 |
| DEVANNEY, William Gerard | Director | 2017-05-30 | 2025-04-30 |
| FLINT, David Jonathan | Director | 2018-08-22 | 2018-09-27 |
| HEPBURN, Anthony Michael | Director | 2017-02-03 | 2022-10-27 |
| INNES KER, Katherine Christina Mary, Dr | Director | 2018-08-22 | 2018-09-27 |
| JACK, Russell George | Director | 2017-02-03 | 2026-03-31 |
| JACOBS, Peter | Director | 2016-11-24 | 2017-08-15 |
| LESTER, Paul John | Director | 2019-04-29 | 2022-01-28 |
| RIEGER, Anthony William | Director | 2017-05-30 | 2019-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Angel Trains Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-01-28 | Active |
| Primary Capital Iv (Nominees) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-24 | Ceased 2022-01-28 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | AA | accounts | Accounts with accounts type full | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type group | |
| 2025-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-12 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type group | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-09-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-23 | AA | accounts | Accounts with accounts type group | |
| 2022-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-09 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-26 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.