REACTIVE DOWNHOLE TOOLS LIMITED
Get an alert when REACTIVE DOWNHOLE TOOLS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-05-28 (this month)
Last made up 2025-05-14
Watchouts
Cash
£180K
USD 240,368
-37.9% vs 2023
Net assets
£907K
USD 1,213,429
-24.8% lowest in 5 filed years
Employees
57
0% vs 2023
Profit before tax
-£334K
USD -446,437
-440.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · latest reflected 2024-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £9,731,223 | £9,884,257 | |
| Operating profit | — | — | — | — | -£51,975 | -£332,415 | |
| Profit before tax | — | — | — | — | -£61,763 | -£333,735 | |
| Net profit | — | — | — | £1,070,790 | -£376,708 | -£434,877 | |
| Cash | £1,841 | £236,661 | £21,514 | £5,859 | £289,193 | £179,688 | |
| Total assets less current liabilities | £3,880,487 | £2,885,881 | £1,454,008 | — | £1,480,983 | £1,214,380 | |
| Net assets | — | — | — | — | £1,205,521 | £907,101 | |
| Equity | £3,880,487 | £2,885,881 | £1,454,008 | — | £1,205,521 | £907,101 | |
| Average employees | 8 | 4 | 5 | 4 | 57 | 57 | |
| Wages | — | — | — | £202,230 | £2,792,564 | £2,665,619 | |
| Directors' remuneration | — | — | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
+1.6%
£9,731,223 £9,884,257
-
Cash
-37.9%
£289,193 £179,688
-
Net assets
-24.8%
£1,205,521 £907,101
-
Employees
0%
57 57
-
Operating profit
-539.6%
-£51,975 -£332,415
-
Profit before tax
-440.3%
-£61,763 -£333,735
-
Wages
-4.5%
£2,792,564 £2,665,619
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 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -0.5% | -3.4% | |
| Net margin | — | — | — | — | -3.9% | -4.4% | |
| Return on capital employed | — | — | — | — | -3.5% | -27.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 84.1% | 86.7% | |
| Current ratio | — | — | — | — | 0.78x | 0.64x | |
| Interest cover | — | — | — | — | -5.31x | -249.94x |
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
“Based on their assessment of the group's prospects and viability the directors have formed a judgement, at the time of approving the financial statements, that there are no material uncertainties that cast doubt on the group's going concern status and that there is a reasonable expectation that the group has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. The directors therefore consider it appropriate to adopt the going concern basis of accounting in preparing its financial statements.”
Group structure
- REACTIVE DOWNHOLE TOOLS LIMITED · parent
- Reactive Downhole Tools Inc 100%
- Mysteron Properties Inc 100%
- Reactive Downhole Tools Manufacturing Middle East LLC 49%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATKINS, Nicholas | Secretary | 2012-04-12 | — | — |
| ATKINS, Fraser | Director | 2026-04-01 | Jul 1991 | British |
| ATKINS, Hamish | Director | 2026-04-01 | Aug 1996 | British |
| ATKINS, Nicholas | Director | 2012-04-02 | Aug 1954 | British |
| WEBSTER, Jill | Director | 2012-04-02 | Dec 1954 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hamish Atkins | Individual | Shares 25–50%, Voting 25–50% | 2025-11-24 | Active |
| Mr Fraser Atkins | Individual | Shares 25–50%, Voting 25–50% | 2025-11-24 | Active |
| Ms Jill Webster | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-11-24 |
| Mr Nicholas Atkins | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-11-24 |
Filing timeline
Last 20 of 57 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-05 MA Memorandum articles
- 2026-05-05 RESOLUTIONS Resolution
- 2025-08-14 MA Memorandum articles
- 2025-08-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | MA | incorporation | Memorandum articles | |
| 2026-05-05 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-25 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-25 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-25 | CH03 | officers | Change person secretary company with change date | |
| 2025-11-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-25 | CH01 | officers | Change person director company with change date | |
| 2025-11-25 | CH01 | officers | Change person director company with change date | |
| 2025-08-14 | MA | incorporation | Memorandum articles | |
| 2025-08-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-27 | AA | accounts | Accounts with accounts type group | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-28 | AA | accounts | Accounts with accounts type group | |
| 2023-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 0
- Officers appointed
- 2
- 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.