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Cash

£75k

+2,486.8% vs 2024

Net assets

-£712k

+8.4% vs 2024

Employees

3

0% vs 2024

Profit before tax

£65k

-5.6% first positive since 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31

Metric Trend 2021-10-312022-10-312023-10-312024-10-312025-10-31 Δ vs prior
Turnover £1,812,710£100,245£99,720£99,720£110,319 +10.6%
Operating profit -£365,589-£324,534-£170,971£73,681£65,352 -11.3%
Profit before tax -£285,927-£257,280-£32,471£69,223£65,352 -5.6%
Net profit -£17,066£84,113-£642,725£69,223£65,352 -5.6%
Cash £444,622£73,311£108,358£2,918£75,483 +2,486.8%
Total assets less current liabilities £261,667-£204,305-£616,827-£777,807-£712,455 +8.4%
Net assets -£288,418-£204,305-£847,030-£777,807-£712,455 +8.4%
Equity -£288,418-£204,305-£847,030-£777,807-£712,455 +8.4%
Average employees 104033 0%
Wages £478,982£228,973
Directors' remuneration £301,689£143,961

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 2021-10-312022-10-312023-10-312024-10-312025-10-31
Operating margin -20.2%-171.5%73.9%59.2%
Net margin -0.9%83.9%69.4%59.2%
Return on capital employed -139.7%
Gearing (liabilities / total assets) 185.0%172.9%
Current ratio 0.07x0.00x0.05x
Interest cover -12.57x-11.00x-4.81x16.53x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation — the current trading name was adopted 2025-09-25

  1. RIVERGREEN DEVELOPMENTS LIMITED 2025-09-25 → present
  2. RIVERGREEN DEVELOPMENTS PLC 1994-05-10 → 2025-09-25
  3. RIVERGREEN RESTORATIONS LIMITED 1992-12-09 → 1994-05-10
  4. PALMGLOW LIMITED 1992-07-14 → 1992-12-09

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Davies Tracey
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On the basis that group support has been obtained, the directors believe they are well placed to manage its business risks, and are satisfied that there is no material uncertainty in relation to going concern and it therefore remains appropriate to adopt the going concern basis in preparing its financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 14 resigned

Name Role Appointed Born Nationality
CANDLER, Jeana Cobangbang Secretary 2008-03-12 British
CANDLER, Michael Ian Director 2020-03-05 Oct 1986 British
CANDLER, Peter Haswell Director 1992-11-20 Oct 1953 British
GANLEY, Philip Anthony Director 1992-11-20 May 1956 English
Show 14 resigned officers
Name Role Appointed Resigned
CANDLER, Peter Haswell Secretary 1992-11-20 1996-09-02
COOPER, Ian Secretary 1996-09-02 1999-07-12
CRUTE, Geoffrey Taylor Secretary 1994-06-14 2014-04-30
FOSTER, Heather Harriet Secretary 1992-07-16 1992-11-20
GRAEME, Dorothy May Nominee Secretary 1992-07-14 1992-07-16
JOHNSON, Joanne Secretary 2000-05-06 2001-12-21
MCINTOSH, Leigh Margaret Secretary 2001-12-21 2008-03-12
ARCHERS (SECRETARIAL) LIMITED Corporate Secretary 1999-11-01 2000-05-06
COOPER, Ian Director 1996-06-12 1999-07-12
DONNELLY, Brian Director 1992-07-16 1992-11-19
FOSTER, Robert Henry Director 1992-07-16 1992-11-20
GRAEME, Lesley Joyce Nominee Director 1992-07-14 1992-07-16
OLIPHANT, Clive Leonard Director 1996-09-11 2020-04-02
WRIGHT, Neil Wallace Director 1992-11-19 1996-06-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rivergreen Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 207 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-09-29 CC04 Statement of companys objects
  • 2025-09-25 RESOLUTIONS Resolution
  • 2025-09-25 RR02 Reregistration public to private company
  • 2025-09-25 CERT10 Certificate re registration public limited company to private
Date Type Category Description
2026-07-15 AA accounts Accounts with accounts type full PDF
2025-09-29 CC04 change-of-constitution Statement of companys objects
2025-09-25 MAR incorporation Re registration memorandum articles
2025-09-25 RESOLUTIONS resolution Resolution
2025-09-25 RR02 change-of-name Reregistration public to private company
2025-09-25 CERT10 change-of-name Certificate re registration public limited company to private
2025-07-30 AA accounts Accounts with accounts type full PDF
2025-07-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-31 AA accounts Accounts with accounts type full PDF
2024-07-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-19 MR04 mortgage Mortgage satisfy charge full PDF
2023-10-27 AA accounts Accounts with accounts type full PDF
2023-07-31 AA01 accounts Change account reference date company previous shortened PDF
2023-07-19 CS01 confirmation-statement Confirmation statement with updates PDF
2022-07-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-18 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-06-28 AD01 address Change registered office address company with date old address new address PDF
2022-05-12 AA accounts Accounts with accounts type full
2022-05-04 AD01 address Change registered office address company with date old address new address PDF
2021-09-21 AA01 accounts Change account reference date company current extended PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page