RWG (REPAIR & OVERHAULS) LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-09-17 (in 4mo)
Last made up 2025-09-03
Watchouts
Cash
£30M
+142.3% vs 2024
Net assets
£141M
+18.4% vs 2024
Employees
524
+4.2% vs 2024
Profit before tax
£40M
+20.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
6 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £236,575,000 | £244,394,000 | |
| Operating profit | £31,759,000 | £37,237,000 | |
| Profit before tax | £32,744,000 | £39,583,000 | |
| Net profit | £24,650,000 | £30,454,000 | |
| Cash | £12,348,000 | £29,916,000 | |
| Total assets less current liabilities | £140,480,000 | £159,965,000 | |
| Net assets | £119,201,000 | £141,107,000 | |
| Equity | £119,201,000 | £141,107,000 | |
| Average employees | 503 | 524 | |
| Wages | £33,074,000 | £34,972,000 | |
| Directors' remuneration | £0 | £0 |
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 2025-12-31 vs 2024-12-31
-
Turnover
+3.3%
£236,575,000 £244,394,000
-
Cash
+142.3%
£12,348,000 £29,916,000
-
Net assets
+18.4%
£119,201,000 £141,107,000
-
Employees
+4.2%
503 524
-
Operating profit
+17.2%
£31,759,000 £37,237,000
-
Profit before tax
+20.9%
£32,744,000 £39,583,000
-
Wages
+5.7%
£33,074,000 £34,972,000
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 13.4% | 15.2% | |
| Net margin | 10.4% | 12.5% | |
| Return on capital employed | 22.6% | 23.3% | |
| Gearing (liabilities / total assets) | 41.5% | 33.0% | |
| Current ratio | 2.46x | 3.28x | |
| Interest cover | 31.70x | 56.68x |
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
- RWG (REPAIR & OVERHAULS) LIMITED 2014-12-04 → present
- ROLLS WOOD GROUP (REPAIR & OVERHAULS) LIMITED 1990-03-21 → 2014-12-04
- ROLESPEC LIMITED 1989-10-09 → 1990-03-21
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having made the appropriate enquiries including a review of cash flow projections and key sensitivities, the directors consider that the business is a going concern. Adequate resources exist for the Group to continue in operational existence for the foreseeable future.”
Group structure
- RWG (REPAIR & OVERHAULS) LIMITED · parent
- RWG (Repair & Overhauls) USA, Inc 100%
Significant events
- “On 31 December 2025, Siemens Energy Global GMBH & Co KG completed the acquisition of RWG (Repair & Overhauls) Ltd which included RWG (Repair & Overhauls) USA Inc and the Group's interest in RWO, Malaysia. Following the acquisition, RWG will continue to operate as an independent brand.”
- “On 31st December 2025 John Wood Group PLC sold their 50% share in RWG (Repair & Overhauls) Limited to Siemens Energy AG. Siemens Energy AG now hold 100% of the share capital of RWG (Repair & Overhauls) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 77 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'BRIEN, Philip Paul | Secretary | 2026-01-12 | — | — |
| DAVIDSON, Darren John | Director | 2026-04-24 | Aug 1972 | British |
| JAROS, Richard | Director | 2018-06-20 | Jun 1969 | Norwegian |
| KEYZER-DEAN, Ross Llyod | Director | 2026-04-24 | Feb 1976 | British |
| O'BRIEN, Philip Paul | Director | 2026-04-24 | Apr 1981 | British |
| SCHLELEIN, Matthias Philipp | Director | 2019-12-12 | Jul 1969 | German |
Show 77 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGUS, Grant Rae | Secretary | 2023-12-31 | 2025-12-31 |
| BROWN, Charles Nicholas | Secretary | — | 1998-03-23 |
| CASTRO, Carolina De Camargo Bicudo De | Secretary | 2013-05-06 | 2013-12-31 |
| DINOZZI, Antonio Vincenzo | Secretary | 2019-03-01 | 2023-12-31 |
| GILMAN, Nicholas Charles | Secretary | 2013-12-31 | 2019-03-01 |
| GOOD, Graham | Secretary | 1998-03-23 | 1999-10-01 |
| SPENCE, Stuart | Secretary | 2004-03-25 | 2004-08-13 |
| WATSON, Christopher Edward Milne | Secretary | 2004-08-13 | 2013-05-06 |
| WATSON, Christopher Edward Milne | Secretary | 1999-10-01 | 2004-03-25 |
| ANDERSON, Darren Murray | Director | 2025-07-31 | 2025-12-31 |
| ANGUS, Grant Rae | Director | 2023-12-31 | 2025-12-31 |
| BAILLIE, David Charles | Director | 2003-08-27 | 2004-03-25 |
| BANKS, Craig | Director | 2000-10-10 | 2008-01-31 |
| BEAUMONT, Christopher William | Director | 1992-07-16 | 1993-01-11 |
| BLASKOSKI, Nicholas Jay | Director | 2011-03-03 | 2025-12-31 |
| BLASKOSKI, Nicholas Jay | Director | 1998-04-16 | 2000-05-02 |
| BODY, Rex John | Director | 1990-02-06 | 1992-07-16 |
| BONSEY, David Anthony Yerburgh | Director | 1992-07-16 | 1999-08-23 |
| BOURGON, Paul Andre | Director | 1999-01-01 | 2000-05-02 |
| BRADY, Keith James | Director | 2000-06-01 | 2007-12-31 |
| BRADY, Keith James | Director | 1999-02-19 | 2000-06-01 |
| BROADLEY, Stuart Richard | Director | 2008-12-12 | 2010-03-31 |
| BROADLEY, Stuart Richard | Director | 2004-03-25 | 2005-09-21 |
| BROCKLEHURST, James Edwin | Director | 1992-07-16 | 1998-12-31 |
| BROWN, George Alexander | Director | 2014-03-05 | 2020-06-03 |
| BROWN, Peter Edward | Director | 2008-03-04 | 2011-04-28 |
| BUXTON, Russell David | Director | 2001-01-01 | 2007-07-31 |
| BYRNE, Brian Dara | Director | 2014-12-01 | 2018-06-20 |
| CALLENDER, Ian Alexander | Director | 2008-04-08 | 2013-10-14 |
| CARMICHAEL, Ian Stewart | Director | 2001-01-01 | 2004-09-28 |
| CHIVERS, Stephen | Director | 2000-05-02 | 2002-09-25 |
| CLAYTON, Hugh Robert | Director | 2012-10-10 | 2014-12-01 |
| COLEMAN, Brian | Director | 1996-01-01 | 1997-02-01 |
| COWDRY, Miles Adrian | Director | 2007-02-27 | 2009-09-07 |
| CURLEY, Edward Thomas | Director | 2002-08-28 | 2009-03-31 |
| DINOZZI, Antonio Vincenzo | Director | 2019-03-01 | 2023-12-31 |
| DOBLER, Mark Stephen | Director | 2012-06-07 | 2014-03-05 |
| EDGAR, William | Director | 2001-01-29 | 2003-08-27 |
| FLEMING, Sean | Director | 2000-05-02 | 2000-12-03 |
| FORS, Thorbjoern Leif | Director | 2015-06-04 | 2019-12-12 |
| GIBSON, Hugh Fleming | Director | 1990-02-06 | 2008-01-31 |
| GILMAN, Nicholas Charles | Director | 2014-03-05 | 2019-03-01 |
| GRAY, Michael Paul | Director | 2014-12-01 | 2026-04-24 |
| GREEN, Margaret Elizabeth | Director | 2004-09-28 | 2007-07-31 |
| GREEN, Margaret Elizabeth | Director | 2000-05-02 | 2004-09-28 |
| GREEN, Margaret Elizabeth | Director | 1999-01-01 | 2000-05-02 |
| HANDY, Christopher Peter | Director | 2011-12-05 | 2014-06-20 |
| HEATH, Andrew James | Director | 2009-09-07 | 2014-12-01 |
| JENNINGS, Neil | Director | 1996-01-01 | 1998-04-16 |
| JOHNSTONE, Alan James | Director | 2020-06-03 | 2020-11-02 |
| LANGLANDS, Allister Gordon | Director | 1991-08-12 | 2008-12-12 |
| MADISON, William Charles | Director | 2004-09-28 | 2007-07-31 |
| MADISON, William Charles | Director | 2000-05-02 | 2004-09-28 |
| MARTLE, Simon David | Director | 2014-06-20 | 2014-12-01 |
| MCCOMBIE, Kenneth Allan | Director | 2004-03-25 | 2004-03-25 |
| MCGREGOR, Alister James | Director | 1992-07-16 | 2001-10-05 |
| MCKAY, William Iain | Director | 1993-01-11 | 1999-08-23 |
| MEIXNER, Willibald | Director | 2014-12-01 | 2015-06-04 |
| MOTHERWELL, Thomas | Director | 1990-01-22 | 2000-06-01 |
| NOBLE, David Clive | Director | 1999-01-01 | 2000-05-02 |
| PAPWORTH, Mark Harry | Director | 2005-09-21 | 2012-06-07 |
| PATERSON, John Paul | Director | 2006-06-28 | 2007-02-27 |
| PICKEN, William Kerr | Director | 2008-12-12 | 2011-03-03 |
| RENFORTH, Ellis Steven | Director | 2022-12-12 | 2024-05-15 |
| RUEGGER, William Anthony | Director | 2004-09-28 | 2012-10-10 |
| SEMPLE, Mitchell Scott | Director | 1990-02-06 | 1991-08-02 |
| SHANAGHEY, Craig | Director | 2020-11-02 | 2022-12-12 |
| SIMMONITE, Martin | Director | 2024-05-15 | 2025-07-31 |
| SMALLWOOD, Richard John | Director | 1990-02-06 | 1996-01-01 |
| SPENCE, Stuart | Director | 2003-08-27 | 2004-03-25 |
| SUNERTON, Robert Wallace | Director | 1990-02-06 | 1996-01-01 |
| THOMAS, Robert Brian | Director | 2000-05-02 | 2014-03-05 |
| TWIGG, Trevor Joseph | Director | 1992-07-16 | 1998-12-31 |
| WATSON, Christopher Edward Milne | Director | 2004-03-25 | 2014-03-05 |
| WILSON, Hal | Director | 2000-05-02 | 2000-12-01 |
| WOOD, Antony | Director | 2009-09-07 | 2011-12-02 |
| ROLLS WOOD GROUP (REPAIR & OVERHAULS) LIMITED | Corporate Director | 2009-09-07 | 2009-09-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siemens Energy Global Gmbh & Co. Kg | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-09-21 | Active |
| Jwg Investments Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-05-04 | Ceased 2025-12-31 |
| Siemens Aktiengesellschaft | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-09-21 |
| Wood Group Gas Turbine Services Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-05-04 |
Filing timeline
Last 20 of 281 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-16 | AA | accounts | Accounts with accounts type group | |
| 2026-01-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-28 | AA | accounts | Accounts with accounts type group | |
| 2025-01-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-15 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 6
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.