Ridgway Rentals Ltd
Registered name: RIDGWAY RENTALS LTD
Part of Ridgway Holdings Limited groupRidgway Rentals Ltd made £21.8m revenue and £723k profit in the year to 30 Apr 2025.
Ridgway Rentals Ltd’s revenue fell 18% to £21.8m in the year to 30 Apr 2025, with £723k profit and 43 employees. The company is classified under “renting and leasing of construction and civil engineering machinery and equipment” and is based in ST. Martins; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- ST. Martins, West Midlands
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Sandford Assets Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.2m | £23.9m | £26.6m | £21.8m |
| Cost of sales | £16.6m | £19.8m | £23.1m | £16.8m |
| Gross profit | £6.6m | £4.1m | £3.5m | £5.1m |
| Operating profit | £4.9m | £2.6m | £1.9m | £3.3m |
| Profit before tax | £3.8m | £1.1m | £378k | £1.3m |
| Profit after tax | £3.2m | £684k | −£93.2k | £723k |
| Profit (best available) | £3.2m | £684k | −£93.2k | £723k |
| Staff costs | £1.4m | £1.5m | £1.6m | £1.9m |
| Employees (average) | 43 | 40 | 43 | 43 |
| Ratios | ||||
| Profit margin | 13.9% | 2.9% | −0.4% | 3.3% |
| Gross margin | 28.3% | 17.1% | 13.2% | 23.3% |
| Revenue per employee | £540k | £598k | £620k | £508k |
| Profit per employee | £74.9k | £17.1k | −£2.2k | £16.8k |
| Cash conversion | −270.7% | −451.3% | −345.4% | −280.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.9% | ▲11.4% | ▼18% |
| Profit growth | — | ▼78.8% | ▼113.6% | — |
| Headcount growth | — | ▼7% | ▲7.5% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.5m | £2.3m | £2.9m | £2.1m |
| Net assets | £4.8m | £5.5m | £5.4m | £6.2m |
| Fixed assets | £43.6m | £45m | £47.7m | £49m |
| Current assets | £10.4m | £6.1m | £7.3m | £7.4m |
| Debtors | £2.5m | £2.6m | £2.3m | £3.1m |
| Cash from operations | −£13.4m | −£11.6m | −£6.7m | −£9.2m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.3%
- Profit ÷ revenue.
- Gross margin
- 23.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £508k
- Revenue ÷ average employees.
- Profit per employee
- £16.8k
- Profit ÷ average employees.
- Cash conversion
- −280.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 224.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲13%
- Now £6.2m
- Cash at bank
- ▼29%
- Now £2.1m
- Headcount
- 0%
- Now 43
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £49m
Group structure
Ownership chain
- Ridgway Holdings Limitedultimate parent50–75%
- Sandford Assets Limited75–100%
- Ridgway Rentals Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ridgway Leasing LtdFigures not disclosed
Sister companies (4)
- Ridgway Aviation LimitedRev. — · Profit −£64.2k
- Ridgway Holdings International LtdFigures not disclosed
- Ridgway Properties LtdFigures not disclosed
- Sandford Assets (ST Martins) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £723k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.