RWD GROUP LTD

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

• Turnover

  -13.8%

  £20,752,390 → £17,880,478

• Cash

  +25.5%

  £5,481,617 → £6,876,925

• Net assets

  +68.8%

  £4,565,599 → £7,705,315

  highest in 3 filed years

• Employees

  -5.9%

  68 → 64

• Operating profit

  +54.8%

  £2,848,125 → £4,408,579

• Profit before tax

  +51.7%

  £2,920,213 → £4,430,624

• Wages

  -2.3%

  £4,658,607 → £4,552,093

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

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.

1. RWD GROUP LTD 2023-02-16 → present
2. PROJECT NAVY LTD 2022-09-26 → 2023-02-16

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Hopper Williams & Bell Limited

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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. RWD GROUP LTD · parent
   1. Redman Whiteley Dixon Limited 100% · England and Wales · Yacht Exterior, Interior and OS design

Significant events

• “The year under review was considered another successful one for RWD, with an increase in profits reflecting continued demand for our services.”
• “Reported revenue has fallen due to a change in the balance between Design Fee and Owners' Supply revenue, driven by the phases of projects. This has also reduced the Cost of Sales commensurately and as a result, both gross and net profit margins have increased.”
• “RWD are proud to maintain our BCORP accreditation, as we continue our commitment to improving our environmental and social impact.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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