RENTOKIL INITIAL PLC
Rentokil Initial plc is a London Stock Exchange-listed business services group that provides global pest control, hygiene, and facilities management services under brands including Rentokil, Initial, Steritech, and Terminix.
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Cash
£925M
-40.8% lowest in 3 filed years
Net assets
£4.2B
+3.4% highest in 3 filed years
Employees
65,632
+3.3% highest in 3 filed years
Profit before tax
£405M
-17.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £3,714,000,000 | £5,375,000,000 | £5,436,000,000 | +1.1% | |
| Operating profit | £317,000,000 | £625,000,000 | £549,000,000 | -12.2% | |
| Profit before tax | £296,000,000 | £493,000,000 | £405,000,000 | -17.8% | |
| Net profit | — | £381,000,000 | £307,000,000 | -19.4% | |
| Cash | £1,563,000,000 | £1,562,000,000 | £925,000,000 | -40.8% | |
| Total assets less current liabilities | £8,827,000,000 | £8,728,000,000 | £7,979,000,000 | -8.6% | |
| Net assets | £4,149,000,000 | £4,088,000,000 | £4,228,000,000 | +3.4% | |
| Equity | £4,149,000,000 | £4,088,000,000 | £4,228,000,000 | +3.4% | |
| Average employees | 59,993 | 63,551 | 65,632 | +3.3% | |
| Wages | £1,987,000,000 | £2,130,000,000 | £2,309,000,000 | +8.4% | |
| 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. 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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 8.5% | 11.6% | 10.1% | |
| Net margin | — | 7.1% | 5.6% | |
| Return on capital employed | 3.6% | 7.2% | 6.9% | |
| Gearing (liabilities / total assets) | 63.7% | 64.2% | 59.9% | |
| Current ratio | 1.04x | 1.00x | 0.81x | |
| Interest cover | 4.01x | 3.31x | 2.79x |
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.
Name history
Renamed 1 time since incorporation
- RENTOKIL INITIAL PLC 2005-06-21 → present
- RENTOKIL INITIAL 2005 PLC 2005-03-15 → 2005-06-21
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- RENTOKIL INITIAL PLC · parent
- Rentokil Initial Limited 100%
- Ecolab Interocéanica S.A. 100%
- Terminix Holdings Inc. 100%
- Rentokil Initial France SAS 100%
Significant events
- “In North America, the integration of Terminix is targeted to be completed by the end of 2026.”
- “Acquired 36 new businesses in 2024, comprising 24 in Pest Control and 12 in Hygiene & Wellbeing with £69m revenues acquired.”
- “100 years of Rentokil - milestone for the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CANHAM, Rachel Eleanor | Secretary | 2024-04-01 | — | — |
| BALDWIN, Brian Michael | Director | 2024-10-01 | Dec 1982 | American |
| DUFFY JR, Michael Alan | Director | 2026-03-16 | Jan 1970 | American |
| EDGECLIFFE-JOHNSON, Paul Russell | Director | 2025-01-01 | Mar 1972 | British |
| FREAR, David | Director | 2022-10-12 | Aug 1956 | American |
| JOHNSON, Sally Kate Miranda | Director | 2023-04-01 | Dec 1973 | British |
| MITCHELL JR, Samuel Johnson | Director | 2025-06-01 | Apr 1961 | American |
| PETTIGREW, John Mark | Director | 2018-01-01 | Oct 1968 | British |
| SHERATON, Leanne Kristine | Director | 2025-06-01 | Jan 1972 | Australian |
| SOLOMONS, Richard Leslie | Director | 2019-03-01 | Oct 1961 | British |
| TURNER, Catherine Lucy | Director | 2020-04-01 | Jun 1963 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FAGAN, Daragh Patrick Feltrim | Secretary | 2014-07-29 | 2022-03-30 |
| GRIFFITHS, Paul | Secretary | 2006-09-01 | 2014-07-29 |
| STEAD, Catherine | Secretary | 2022-04-01 | 2024-03-31 |
| WARD JONES, Robert | Secretary | 2005-03-15 | 2006-08-31 |
| BAMFORD, Peter Richard | Director | 2006-07-10 | 2016-05-11 |
| BROWN, Alan John | Director | 2008-04-01 | 2013-09-30 |
| BROWN, Edward Forrest | Director | 2005-04-13 | 2006-01-05 |
| BURROWS, Richard | Director | 2008-01-14 | 2019-05-08 |
| DAVIS, Crispin, Sir | Director | 2017-07-20 | 2019-06-30 |
| FLYNN, Douglas Ronald | Director | 2005-04-13 | 2008-03-19 |
| GEOGHEGAN, Christopher Vincent | Director | 2016-06-28 | 2017-09-18 |
| GILES, Alan James | Director | 2006-05-18 | 2017-05-10 |
| HARLEY, Ian | Director | 2005-04-13 | 2007-07-18 |
| INGALL-TOMBS, Stuart Michael | Director | 2020-08-15 | 2024-12-31 |
| LONG, Peter James | Director | 2005-04-13 | 2014-12-31 |
| MACFARLANE, Andrew Elliott | Director | 2005-08-08 | 2008-12-31 |
| MASON, Paul | Director | 2005-04-13 | 2006-05-18 |
| MCADAM, John David Gibson, Dr | Director | 2008-05-14 | 2019-05-08 |
| MCGOWAN, Brian Dennis | Director | 2005-04-13 | 2008-03-19 |
| MISTRY, Sarosh | Director | 2021-04-01 | 2025-07-31 |
| MURRAY, Michael Edward | Director | 2009-01-05 | 2010-03-31 |
| PAYNE, Roger Christopher | Director | 2005-03-15 | 2005-09-09 |
| RANSOM, Andrew Mark | Director | 2008-05-01 | 2026-03-16 |
| RUCKER, William John | Director | 2008-02-15 | 2013-03-14 |
| SEYMOUR-JACKSON, Angela Charlotte | Director | 2012-03-05 | 2021-05-12 |
| SOUTHERN, Julie Helen | Director | 2014-07-21 | 2023-05-10 |
| SPINNEY, Ronald Richard | Director | 2005-04-13 | 2006-05-18 |
| TATTON BROWN, Duncan Eden | Director | 2005-07-14 | 2014-05-14 |
| TOWNSEND, Jeremy Charles Douglas | Director | 2010-08-31 | 2020-08-14 |
| WARD JONES, Robert | Director | 2005-03-15 | 2005-04-13 |
| YUEH, Linda Yi-Chuang, Dr. | Director | 2017-11-01 | 2026-05-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 252 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-30 RESOLUTIONS Resolution
- 2025-05-28 RESOLUTIONS Resolution
- 2024-05-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-24 | AA | accounts | Accounts with accounts type group | |
| 2026-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-07 | SH01 | capital | Capital allotment shares | |
| 2025-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AA | accounts | Accounts with accounts type group | |
| 2025-05-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | CH01 | officers | Change person director company with change date | |
| 2024-10-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-17 | AA | accounts | Accounts with accounts type group | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-09 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 3
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.