RAD LIMITED
Get an alert when RAD LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£8.6M
+27.2% highest in 3 filed years
Net assets
£16M
+26.3% highest in 3 filed years
Employees
778
+15.4% highest in 3 filed years
Profit before tax
£4.4M
+10.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £28,068,081 | £38,028,521 | £43,340,976 | +14% | |
| Operating profit | £3,157,237 | £5,563,701 | £5,993,957 | +7.7% | |
| Profit before tax | £2,774,873 | £3,977,126 | £4,390,723 | +10.4% | |
| Net profit | £2,052,112 | £2,893,631 | £3,351,026 | +15.8% | |
| Cash | £46,824 | £6,744,615 | £8,580,725 | +27.2% | |
| Total assets less current liabilities | £20,792,383 | £40,350,979 | £41,882,099 | +3.8% | |
| Net assets | £9,841,141 | £12,734,772 | £16,085,798 | +26.3% | |
| Equity | £9,841,141 | £12,734,772 | £16,085,798 | +26.3% | |
| Average employees | 592 | 674 | 778 | +15.4% | |
| Wages | £9,127,733 | £12,502,734 | £14,246,734 | +13.9% | |
| Directors' remuneration | £172,601 | £162,508 | £108,004 | -33.5% |
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 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|
| Operating margin | 11.2% | 14.6% | 13.8% | |
| Net margin | 7.3% | 7.6% | 7.7% | |
| Return on capital employed | 15.2% | 13.8% | 14.3% | |
| Current ratio | 0.32x | 0.68x | 0.77x | |
| Interest cover | 8.26x | 3.51x | 3.74x |
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
- William Duncan + Co (Audit) Ltd
- Audit opinion
- Qualified
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- RAD LIMITED · parent
- Fairfield House Hotel (Ayr) Limited 100%
- Fairfield House Hotel Limited 100%
- RB Woodlands Limited 100%
- Hydro Services (Seamill) 100%
Significant events
- “Subsequent to the year end, in August 2025, the Group disposed of the Carlton Hotel, Prestwick for a consideration significantly in excess of its carrying value. This transaction resulted in a profit on disposal and reduces the Group's portfolio to eight hotels.”
- “Subsequent to the year end, the Group has also entered into an agreement for the acquisition of Lochgreen Hotel in Troon, a fivestar venue, with completion expected on 30 June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KYLE, Vivien | Secretary | 1995-05-01 | — | British |
| KYLE, Aaron Thomas | Director | 2021-08-18 | Aug 1991 | British |
| KYLE, Robert Arthur Duncan | Director | 1995-05-01 | May 1964 | British |
| KYLE, Vivien | Director | 2021-08-18 | Dec 1963 | British |
| STEVENSON, Thomas John Christopher | Director | 2014-06-23 | May 1959 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REID, Brian | Secretary | 1995-04-25 | 1995-04-25 |
| MABBOTT, Stephen | Nominee Director | 1995-04-25 | 1995-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Vivien Kyle | Individual | Shares 25–50%, Voting 25–50% | 2022-07-01 | Active |
| Mr Robert Arthur Duncan Kyle | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 135 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type group | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-30 | AA | accounts | Accounts with accounts type group | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-04 | AA | accounts | Accounts with accounts type group | |
| 2024-03-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- 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.