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.
Cash
£70K
USD 94,058
-60.9% vs 2024
Net assets
-£133K
USD -177,520
-114.6% lowest in 5 filed years
Employees
47
-17.5% vs 2024
Profit before tax
-£1M
USD -1,348,519
-202.1% lowest in 3 filed years
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.
-
Negative shareholders' funds
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £9,745,064 | £9,898,316 | £7,031,468 | -29% | |
| Operating profit | — | — | -£52,049 | -£332,887 | -£1,011,120 | -203.7% | |
| Profit before tax | — | — | -£61,851 | -£334,209 | -£1,009,522 | -202.1% | |
| Net profit | — | £1,070,790 | -£377,244 | -£435,496 | -£1,006,251 | -131.1% | |
| Cash | £21,514 | £5,859 | £289,604 | £179,943 | £70,413 | -60.9% | |
| Total assets less current liabilities | £1,454,008 | £2,281,202 | £1,483,090 | £1,216,107 | £160,204 | -86.8% | |
| Net assets | — | — | £1,207,236 | £908,391 | -£132,894 | -114.6% | |
| Equity | £1,454,008 | £2,281,202 | £1,207,236 | £908,391 | -£132,894 | -114.6% | |
| Average employees | 5 | 4 | 57 | 57 | 47 | -17.5% | |
| Wages | — | £202,230 | £2,796,536 | £2,669,411 | £2,579,099 | -3.4% | |
| Directors' remuneration | — | — | — | — | — | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -0.5% | -3.4% | -14.4% | |
| Net margin | — | — | -3.9% | -4.4% | -14.3% | |
| Return on capital employed | — | — | -3.5% | -27.4% | -631.1% | |
| Gearing (liabilities / total assets) | — | — | 84.1% | 86.7% | 102.5% | |
| Current ratio | — | — | 0.78x | 0.64x | 0.48x | |
| Interest cover | — | — | -5.31x | — | — |
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 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 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
- 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 59 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 | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type group | |
| 2026-05-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 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 |
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.