RICHARD H.POWELL AND PARTNERS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA Audit Services 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 group's and the parent 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

1. RICHARD H.POWELL AND PARTNERS LIMITED · parent
   1. Industore Limited 100% · CARDIFF · Retailers of automated storage systems
   2. Industore Automated Storage Systems Limited 100% · CARDIFF · Dormant
   3. Industore Ireland Limited 100% · Co. Dublin · Retailers of automated storage system

Significant events

• “A strengthened general awareness of the advantages to be derived from sophisticated automated vertical inventory control systems has resulted in an accelerated demand for our professional design facilities, premier systems, software, and services, which has resulted in our significant growth.”
• “Cross-divisional sales have increased, further strengthening ties with our clients to support their ever-growing needs.”
• “Investment and development in our digital support and reporting software has enhanced the level of service we are providing our clients, with further investment planned in personnel and software systems over the coming years.”
• “The group is aware of its impact on global warming and, for example, offers eco-systems whereby energy is captured within the operational cycle of its inventory control and AS/RS systems.”
• “The group has a programme for the replacement of its fleet of vehicles with the introduction of electrically powered or hybrid vehicles where possible.”
• “On 19th November 2025, the controlling share % was transferred to Mr Ross Powell who now owns 90% of the group's shareholding.”

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

Filings

4

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.

• Turnover

  +25.6%

  £18,000,484 → £22,613,783

• Cash

  +19.5%

  £6,305,228 → £7,531,841

• Net assets

  +28.5%

  £5,506,920 → £7,077,748

• Employees

  +7.8%

  64 → 69

• Operating profit

  +85%

  £1,275,996 → £2,361,067

• Profit before tax

  +77.1%

  £1,440,605 → £2,550,946

• Wages

  +17.7%

  £3,565,854 → £4,196,158

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers