BROADWAY BIDCO LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-12 (in 1mo)
Last made up 2025-05-29
Watchouts
None on the register
Cash
£26M
Latest balance sheet
Net assets
-£16M
Equity attributable
Employees
1,724
Average over period
Profit before tax
-£4M
Period ending 2025-03-31
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2024-04-01 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | £179,505,000 | — | £307,001,000 | |
| Operating profit | £4,479,000 | — | £13,634,000 | |
| Profit before tax | -£6,642,000 | — | -£4,364,000 | |
| Net profit | -£9,959,000 | — | -£5,539,000 | |
| Cash | £12,015,000 | — | £25,645,000 | |
| Total assets less current liabilities | £190,847,000 | — | £214,627,000 | |
| Net assets | -£10,073,000 | — | -£16,222,000 | |
| Equity | -£10,073,000 | — | -£16,222,000 | |
| Average employees | 1,546 | — | 1,724 | |
| Wages | £52,862,000 | — | £87,190,000 | |
| Directors' remuneration | — | — | — |
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 2025-03-31 vs 2024-04-01
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2024-04-01 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | 2.5% | — | 4.4% | |
| Net margin | -5.5% | — | -1.8% | |
| Return on capital employed | 2.3% | — | 6.4% | |
| Gearing (liabilities / total assets) | 104.2% | — | 105.7% | |
| Current ratio | 1.31x | — | 1.36x | |
| Interest cover | 0.40x | — | 0.76x |
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
- Anderson Anderson & Brown Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry, are of the opinion that the company and group have adequate working capital and investment funding to execute their operations over the next 12 months and beyond. Management have prepared detailed financial projections and have funding in place in the form of cash at bank plus a group banking facility with an overdraft available. Sensitivity analysis is performed and taken into consideration when considering the adequacy of working capital over the going concern period and beyond. The directors, therefore, have made an informed judgment, at the time of approving the financial statements, that there is a reasonable expectation that the company and group have adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- BROADWAY BIDCO LIMITED · parent
- Ross-Shire Engineering Limited 100%
- RSE Control Systems Limited 100%
- Saftronics Group Limited 100%
- Saftronics Holdings Limited 100%
- Saftronics Limited 100%
- MTD South West Ltd 100%
- Aciem Group Limited 100%
- Murray Technical Services Limited 75%
- Sheers Limited 100%
- W.E.S. LTD. 100%
- Weschem Ltd. 100%
- Watermech Services Ltd. 100%
- Prime Pumps Limited 100%
- North Hill Limited 100%
- Technical Control Systems Limited 100%
- Amber Integrated Controls and Automation Limited 100%
- Wilford Limited 100%
- Blackburn Starling & Company Limited 100%
- General Panel Systems Limited 100%
- GPS Links Limited 80%
- DPS Group Ltd 100%
- DP Services (Holdings) Ltd 100%
- DP Systems (Scotland) Limited 100%
- OSS Software Limited 60%
- Oasis Software Solutions Limited 60%
- GES Holdco Ltd 75%
- Greenacre Environmental Systems Limited 75%
- Chem Resist Holdings Limited 75%
- Chem Resist Group Limited 75%
- Chem-Resist (N.E.) Limited 75%
- A.C.E. Industrial Plastics Limited 75%
- Chem-Resist Plastic Fabrications Ltd 75%
- Trifoliata Ltd 75%
- Biomatrix Water Solutions Ltd 75%
- Biomatrix B.V. 75%
- Aquazone Group Limited 75%
- Aquazone Limited 75%
- Rolla Holdings Limited 75%
- Rolla Limited 75%
- Rolla Distribution Systems Limite 75%
Significant events
- “Broadway Bidco Limited was incorporated on 31 May 2023 and commenced trading on 18 August 2023 when it acquired 100% of the share capital of Ross-Shire Engineering Limited and subsidiaries ("RSE group"). This transaction was funded via a combination of equity issues, shareholder loans and bank funding through Broadway Bidco Limited and other parent companies, with Broadway Topco Limited becoming ultimate parent company of the group.”
- “Since the financial year end there has been no acquisition activity, significant hires to the business, material capital purchases or capital restructuring.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DALLAS, Allan William | Director | 2023-08-18 | Aug 1961 | British |
| MACGREGOR, Iain Ross | Director | 2023-08-18 | Jan 1982 | British |
| MATHERS, Martin James | Director | 2023-08-18 | Jul 1973 | British |
| SLESSOR, Stephen James | Director | 2024-01-08 | May 1976 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MAYERS, Richard Daniel | Director | 2023-05-31 | 2023-08-18 |
| SHANGHAVI, Amar | Director | 2023-05-31 | 2023-08-18 |
| TINNING, Murray John | Director | 2024-01-08 | 2024-06-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Broadway Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-05-31 | Active |
Filing timeline
Last 20 of 25 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-09-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | AA | accounts | Accounts with accounts type group | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-07 | AA | accounts | Accounts with accounts type group | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-17 | SH01 | capital | Capital allotment shares | |
| 2023-09-19 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-06 | SH01 | capital | Capital allotment shares | |
| 2023-08-29 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2023-08-25 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2023-08-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-23 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-08-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-22 | AP01 | officers | Appoint person director company with name date |
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.