RSI BIDCO LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
None on the register
Cash
£673K
Latest balance sheet
Net assets
-£1M
Equity attributable
Employees
76
Average over period
Profit before tax
-£436K
Period ending 2025-01-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Turnover | £1,462,044 | £10,721,128 | |
| Operating profit | -£211,432 | £190,314 | |
| Profit before tax | -£300,057 | -£435,842 | |
| Net profit | -£377,888 | -£428,007 | |
| Cash | £669,924 | £673,487 | |
| Total assets less current liabilities | £4,714,621 | £4,416,575 | |
| Net assets | -£1,049,314 | -£1,474,733 | |
| Equity | -£1,049,314 | -£1,474,733 | |
| Average employees | 68 | 76 | |
| Wages | £446,743 | £2,933,689 | |
| Directors' remuneration | £78,870 | £284,976 |
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 2025-01-31 vs 2024-01-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Operating margin | -14.5% | 1.8% | |
| Net margin | -25.8% | -4.0% | |
| Return on capital employed | -4.5% | 4.3% | |
| Current ratio | 1.52x | 1.31x | |
| Interest cover | -2.74x | 0.36x |
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
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have decided that there is no material uncertainty surrounding the companies ability to operate for the foreseeable future and have opted to prepare the accounts on the going concern basis.”
Group structure
- RSI BIDCO LIMITED · parent
- RS Industrial Services (North East) Limited 100%
Significant events
- “The Company was incorporated on 29 June 2023 in order to facilitate the acquisition of two businesses operating from two different sites. The completion occurred on 8 December 2023, and the Group has traded since that day.”
- “The business has focussed on implementing the strategy to grow the Cranes & Lifting business by investing in its infrastructure (new ERP system) and people (recruiting additional Engineers) to become the provider of choice for the UK industrial landscape.”
- “Acquisition targets will be identified with the aim of acquiring two businesses within the next 18 months.”
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 |
|---|---|---|---|---|
| BAKER, Noel | Director | 2025-03-31 | Jul 1973 | British |
| CAWLEY, Mark | Director | 2023-12-08 | Feb 1971 | British |
| GILL, John Bruce | Director | 2023-12-08 | Mar 1967 | British |
| SPARKS, Tavia Marie | Director | 2023-06-29 | Nov 1979 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEATHCOCK, John Philip | Director | 2024-02-27 | 2025-03-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Foresight Group Llp | Corporate entity | Shares 75–100%, Voting 75–100% | 2023-12-08 | Active |
| Foresight Regional Investment Iv Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-29 | Ceased 2023-12-08 |
Filing timeline
Last 20 of 21 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-12 RESOLUTIONS Resolution
- 2023-12-31 MA Memorandum articles
- 2023-12-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-07-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-31 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-13 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-31 | MA | incorporation | Memorandum articles | |
| 2023-12-31 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-29 | SH02 | capital | Capital alter shares subdivision | |
| 2023-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-19 | SH08 | capital | Capital name of class of shares | |
| 2023-12-19 | SH01 | capital | Capital allotment shares | |
| 2023-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.