RAINHAM INDUSTRIAL SERVICES LIMITED
Get an alert when RAINHAM INDUSTRIAL SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.2M
-73.7% lowest in 6 filed years
Net assets
£19M
+70.2% highest in 6 filed years
Employees
603
+8.8% highest in 6 filed years
Profit before tax
£12M
+19.2% highest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £50,147,672 | £56,879,651 | £78,871,509 | £86,273,775 | £94,142,881 | £116,242,875 | +23.5% | |
| Operating profit | £2,510,169 | £2,628,348 | £2,584,366 | £7,101,968 | £10,049,494 | £11,710,953 | +16.5% | |
| Profit before tax | £2,396,488 | £2,474,102 | £2,355,305 | £6,807,717 | £10,029,722 | £11,960,318 | +19.2% | |
| Net profit | £1,869,691 | £1,886,427 | £1,745,749 | £5,004,131 | £7,412,012 | £8,622,145 | +16.3% | |
| Cash | £3,586,959 | £3,499,778 | £3,160,161 | £8,210,291 | £8,310,493 | £2,187,729 | -73.7% | |
| Total assets less current liabilities | £8,173,278 | £10,491,268 | £8,470,734 | £12,305,187 | £11,814,818 | £19,247,639 | +62.9% | |
| Net assets | £6,147,026 | £6,725,796 | £6,892,245 | £10,537,444 | £10,949,456 | £18,631,167 | +70.2% | |
| Equity | £6,147,026 | £6,725,796 | £6,892,245 | £10,537,444 | £10,949,456 | £18,631,167 | +70.2% | |
| Average employees | 400 | 430 | 429 | 497 | 554 | 603 | +8.8% | |
| Wages | £23,158,277 | £26,077,547 | £28,531,233 | £36,621,246 | £42,184,571 | £49,349,367 | +17% | |
| Directors' remuneration | £966,880 | £722,680 | £565,680 | £862,680 | £1,146,292 | £1,752,366 | +52.9% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 5.0% | 4.6% | 3.3% | 8.2% | 10.7% | 10.1% | |
| Net margin | 3.7% | 3.3% | 2.2% | 5.8% | 7.9% | 7.4% | |
| Return on capital employed | 30.7% | 25.1% | 30.5% | 57.7% | 85.1% | 60.8% | |
| Gearing (liabilities / total assets) | — | — | — | 56.7% | 50.6% | — | |
| Current ratio | — | — | — | 1.80x | 1.88x | 2.61x | |
| Interest cover | 22.08x | 17.04x | 11.28x | 24.14x | 53.85x | — |
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
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 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
- RAINHAM INDUSTRIAL SERVICES LIMITED · parent
- RES South Limited 100%
- RES North West Limited 100%
Significant events
- “During the period, the Company was acquired by H.I.G. Capital Europe, a private equity firm. This acquisition will enable the company to leverage HIG's support and expertise in growing the business and expanding its proposition in the industrial services market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KENT, Jamie Christian | Director | 2025-04-17 | Sep 1984 | British |
| MAYHEW, Maxine Eleanor, Dr | Director | 2026-04-13 | Aug 1973 | British |
| MCCARTHY, Tim | Director | 2005-11-16 | Aug 1960 | British |
| PAGET, David | Director | 2012-02-04 | Sep 1970 | British |
| RYNSTON, Andrew Mark | Director | 2008-01-01 | Nov 1965 | British |
| SCAIFE, Michael Anthony | Director | 2012-02-04 | Oct 1959 | British |
| WALSH, Tom | Director | 2025-04-17 | Mar 1967 | Irish |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GNANASEGARAM, Jayasegaram | Secretary | 2002-11-05 | 2016-02-29 |
| HCS SECRETARIAL LIMITED | Corporate Nominee Secretary | 2002-11-05 | 2002-11-05 |
| BOOCOCK, Christopher Paul | Director | 2008-01-01 | 2016-02-28 |
| FELSTEAD, Lee | Director | 2002-11-05 | 2005-11-16 |
| GNANASEGARAM, Jayasegaram | Director | 2005-11-16 | 2016-02-29 |
| HOSKINS, David Paul | Director | 2005-11-16 | 2016-02-29 |
| PEARSON, Andrew Phillip | Director | 2016-03-23 | 2023-05-31 |
| RICHARDS, Karen Louise | Director | 2016-03-23 | 2022-12-23 |
| TOULSON, Terrence Martin | Director | 2005-11-16 | 2016-10-31 |
| WINKS, Nicholas Paul David | Director | 2015-12-01 | 2023-07-07 |
| HANOVER DIRECTORS LIMITED | Corporate Nominee Director | 2002-11-05 | 2002-11-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vulcan Bidco Limited | Corporate entity | Shares 75–100% | 2024-10-17 | Active |
| Mr Timothy Edward Mccarthy | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2017-10-17 | Ceased 2024-10-17 |
| Mr Timothy Edward Mccarthy | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2017-10-17 |
Filing timeline
Last 20 of 234 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-29 CC04 Statement of companys objects
- 2024-11-02 MA Memorandum articles
- 2024-11-02 MA Memorandum articles
- 2024-09-16 MA Memorandum articles
- 2024-09-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-21 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-29 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-02 | MA | incorporation | Memorandum articles | |
| 2024-11-02 | MA | incorporation | Memorandum articles | |
| 2024-10-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-16 | MA | incorporation | Memorandum articles | |
| 2024-09-16 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.