RCADA HOLDINGS LTD
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-17 (in 1mo)
Last made up 2025-06-03
Watchouts
Cash
£822K
-29.8% vs 2024
Net assets
£41K
+170.2% highest in 4 filed years
Employees
710
-28.1% vs 2024
Profit before tax
£82K
+131.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-04-02 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £58,972,955 | £51,369,627 | |
| Operating profit | — | — | — | -£70,092 | -£132,540 | |
| Profit before tax | — | — | — | £35,454 | £82,147 | |
| Net profit | -£2,827 | £88,358 | — | £16,751 | £100,527 | |
| Cash | £66,065 | £141,526 | — | £1,170,917 | £822,332 | |
| Total assets less current liabilities | — | — | — | -£54,944 | £46,034 | |
| Net assets | -£20,008 | £490 | — | -£59,066 | £41,461 | |
| Equity | — | — | -£30,126 | -£59,066 | £41,461 | |
| Average employees | 4 | 14 | — | 988 | 710 | |
| Wages | £67,777 | £285,681 | — | £40,098,502 | £31,190,969 | |
| Directors' remuneration | — | — | — | £86,612 | £51,480 |
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 2025-03-31 vs 2024-03-31
-
Turnover
-12.9%
£58,972,955 £51,369,627
-
Cash
-29.8%
£1,170,917 £822,332
-
Net assets
+170.2%
-£59,066 £41,461
highest in 4 filed years
-
Employees
-28.1%
988 710
-
Operating profit
-89.1%
-£70,092 -£132,540
-
Profit before tax
+131.7%
£35,454 £82,147
-
Wages
-22.2%
£40,098,502 £31,190,969
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 | 2021-03-31 | 2022-03-31 | 2023-04-02 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -0.1% | -0.3% | |
| Net margin | — | — | — | 0.0% | 0.2% | |
| Return on capital employed | — | — | — | 127.6% | -287.9% | |
| Gearing (liabilities / total assets) | — | — | — | 101.3% | 99.1% | |
| Current ratio | — | — | — | 0.83x | 0.84x | |
| Interest cover | — | — | — | -57.41x | -276.70x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- RCADA HOLDINGS LTD · parent
- Compass CE Ltd 100%
- CCE Accounting Ltd 100%
- Oriel Court Property Ltd 100%
- Compass (Worldwide) Ltd 100%
Significant events
- “we welcome the new Labour government's decision to push ahead with the plans for Tackling non-compliance in the umbrella company market that are due to take effect in April 2026.”
- “as early adopters of SafeRec, a new compliance technologies that provide real-time compliance for both contractors and agencies alike, we expect to see a net positive impact from any legislation, as competitors scramble to catch up.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BYLES, Rohan Thomas | Director | 2019-12-30 | Apr 1984 | Australian |
| FRANCIS, Drey Hyrum | Director | 2019-12-30 | Apr 1983 | British,South African |
| FRASER, Alex Stuart | Director | 2019-12-30 | May 1968 | British |
| SHANDLEY, Cara Jane | Director | 2022-05-06 | Jul 1992 | Scottish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLLIVER, Ashley Beaumont | Director | 2019-12-30 | 2023-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alex Stuart Fraser | Individual | Shares 25–50% | 2024-04-01 | Ceased 2025-12-31 |
| Mr Drey Hyrum Francis | Individual | Shares 25–50% | 2020-02-14 | Active |
| Mr Rohan Thomas Byles | Individual | Shares 25–50% | 2020-02-14 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-05 | CH01 | officers | Change person director company with change date | |
| 2026-04-22 | CH01 | officers | Change person director company with change date | |
| 2026-04-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-08-14 | SH01 | capital | Capital allotment shares | |
| 2025-08-14 | SH01 | capital | Capital allotment shares | |
| 2025-08-14 | SH01 | capital | Capital allotment shares | |
| 2025-08-14 | SH01 | capital | Capital allotment shares | |
| 2025-06-03 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-06-03 | CS01 | confirmation-statement | Confirmation statement | |
| 2025-05-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-23 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 4
- 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.