REDROW HOMES LIMITED

• ◆

  9 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. REDROW HOMES LIMITED 1987-07-29 → present
2. REDROW DEVELOPMENTS LIMITED 1986-03-13 → 1987-07-29
3. DUALREST LIMITED 1986-02-18 → 1986-03-13

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

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accordingly, the Directors consider there to be no material uncertainties that may cast significant doubt on the Company's ability to continue to operate as a going concern. They have formed a judgement that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of signing of these financial statements. For this reason, they continue to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. REDROW HOMES LIMITED · parent
   1. Redrow Real Estate Limited 100% · United Kingdom
   2. Redrow Regeneration plc 100% · United Kingdom
   3. HB (NW) Limited 100% · United Kingdom
   4. Redrow Homes (Park Heights) Limited 100% · Jersey
   5. The Parklands (Birmingham) Management Company Limited 1% · United Kingdom
   6. Britannia New Homes (Scotland) Limited 50% · United Kingdom
   7. Paycause Limited 33.3% · United Kingdom

Significant events

• “On 21 August 2024, Barratt Developments PLC (now Barratt Redrow plc) acquired the full share capital of Redrow plc (now Redrow Limited), the then ultimate parent company and controlling party of the Company.”
• “On 30 March 2025, as part of a group restructure, the majority of the trade and assets of the Company were sold to BDW Trading Limited, a fellow subsidiary company, in exchange for an interest-free payable-on-demand loan equal to the total carrying value of the assets and the liabilities transferred hence no profit or loss arose on this transaction.”
• “During the year, management identified a small number of developments previously constructed by Redrow Homes Limited using concrete frame designs by an engineering firm whose designs have previously been found to be defective in properties constructed by the wider Barratt Redrow Group (the "Group"). A provision of £105.2m has been recognised in respect of these previous developments.”
• “In March 2023, both the Redrow and Barratt Groups signed the Self-Remediation Terms and Contract, codifying the commitments previously made under the Building Safety Pledge to undertake, or to fund, remediation or mitigation works on external wall systems on all buildings of 11 metres or above in England and Wales that they had developed or refurbished in the 30 years preceding April 2022.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

9

last 12 months

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

• Turnover

  -29.6%

  £1,629,000,000 → £1,146,200,000

• Cash

  0%

  £400,000 → £400,000

• Net assets

  -0.5%

  £997,100,000 → £991,900,000

• Employees

  -8.8%

  1,973 → 1,800

• Operating profit

  -97.3%

  £195,600,000 → £5,200,000

• Profit before tax

  -105.7%

  £188,600,000 → -£10,700,000

• Wages

  -4.6%

  £110,900,000 → £105,800,000

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