REEDS RAINS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-27 (in 7mo)
Last made up 2025-12-13
Watchouts
None on the register
Cash
£3M
+158.8% vs 2023
Net assets
£4M
-10.3% vs 2023
Employees
47
-73.1% vs 2023
Profit before tax
—
Period ending 2024-12-31
Name history
Renamed 1 time since incorporation
- REEDS RAINS LIMITED 1991-03-27 → present
- CHANCEMAIN LIMITED 1990-12-13 → 1991-03-27
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £12,814,000 | £6,911,000 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £1,289,000 | £3,336,000 | |
| Total assets less current liabilities | £7,206,000 | £5,233,000 | |
| Net assets | £4,743,000 | £4,254,000 | |
| Equity | £4,743,000 | £4,254,000 | |
| Average employees | 175 | 47 | |
| Wages | £5,834,000 | £1,895,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 60.2% | 51.4% | |
| Current ratio | 0.85x | 1.62x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's directors have concluded that preparing the financial statements on a going concern basis is appropriate based on forecast performance of the Company and available support from the Company's ultimate parent company, LSL Property Services plc. As a result, the directors have prepared the financial statements on a going concern basis.”
Group structure
- REEDS RAINS LIMITED · parent
- Guardian Property Lettings Limited 100%
- Reeds Rains Financial Services Limited 100%
- Preston's Lettings Ltd 100%
- Fourlet (York) Ltd 100%
- Headway Property Management Limited 100%
- Reeds Rains Cleckheaton Limited 100%
- IQ Property (Hull) Limited 100%
Significant events
- “On 4 May 2023 LSL Property Services the "Group" announced that its entire estate agency network would become franchisees. The operations of the Company's previously owned network were franchised to a combination of new and existing franchisees on 4 May 2023, at which point the Company disposed of its owned estate agency operations. During 2024, this was the first full year of operations under the new franchise model.”
- “In 2025, it is anticipated that the 'Renters Rights Bill' will be enacted, resulting in a fundamental change to the lettings industry that all parties in the marketplace will have to adapt to.”
- “The Group's revolving credit facility ("RCF") was renewed in January 2025 and extended to cover the period to January 2030.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FISH, Deborah Ann | Secretary | 2025-06-03 | — | — |
| BISSET, Peter | Director | 2021-03-01 | Jul 1982 | British |
| HARDY, Paul | Director | 2023-04-19 | Apr 1976 | English |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASH, David William | Secretary | 2004-01-01 | 2006-07-31 |
| FITZGERALD, Sapna Bedi | Secretary | 2006-07-31 | 2024-09-15 |
| GEORGE, Ronald Alan | Secretary | — | 2004-01-01 |
| ASH, David William | Director | 2004-01-01 | 2006-07-17 |
| BLAKE, Oliver Thomas | Director | 2013-01-01 | 2023-05-04 |
| BUCK, Helen Elizabeth | Director | 2017-02-28 | 2023-03-31 |
| CASTLETON, Adam Robert | Director | 2016-10-14 | 2021-12-16 |
| CHARLES-JONES, Lisa | Director | 2007-09-01 | 2016-06-18 |
| CHARNLEY, Bryan Arthur | Director | 2004-01-01 | 2006-07-17 |
| CLARKE, Paul | Director | 2002-01-02 | 2008-04-30 |
| COOKE, Stephen Andrew | Director | 2010-07-01 | 2014-12-19 |
| COX, Simon | Director | 2019-04-08 | 2021-02-25 |
| EMBLEY, Simon David | Director | 2005-10-10 | 2014-04-30 |
| FAVAS, Nigel Andrew | Director | 2002-01-02 | 2012-12-31 |
| FIELDING, Dean Andrew | Director | 2005-10-10 | 2012-01-01 |
| GEORGE, Ronald Alan | Director | — | 2005-10-10 |
| GILL, Adrian Stuart | Director | 2014-12-23 | 2016-12-31 |
| GRACIE, Martin | Director | 2004-01-01 | 2006-07-17 |
| HARDY, Paul | Director | 2015-06-03 | 2021-03-01 |
| HAYLE, Peter Richard | Director | 2014-01-06 | 2015-06-03 |
| HENDERSON, Ian Robert | Director | — | 2005-10-10 |
| JONES, Heather Mary | Director | 2007-04-01 | 2013-11-15 |
| LATHAM, Paul Martin James | Director | 2005-10-10 | 2012-10-01 |
| MCAULEY, James Charles | Director | 2019-05-16 | 2021-09-01 |
| MILLS, David | Director | 2002-01-02 | 2012-02-29 |
| MINCHIN, Stephen John | Director | — | 2005-10-10 |
| NEWNES, David Julian | Director | 2010-06-01 | 2014-12-31 |
| OWEN, Kenneth | Director | 2004-01-01 | 2006-07-17 |
| PARKER, Brian | Director | 2004-01-01 | 2019-04-08 |
| WARBURTON, Mark Charles | Director | 2003-09-23 | 2009-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lsl Property Services Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 234 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-07 | AA | accounts | Accounts with accounts type full | |
| 2023-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-03-17 | CH01 | officers | Change person director company with change date | |
| 2022-03-17 | CH01 | officers | Change person director company with change date | |
| 2022-02-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-21 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-46.1%
£12,814,000 £6,911,000
-
Cash
+158.8%
£1,289,000 £3,336,000
-
Net assets
-10.3%
£4,743,000 £4,254,000
-
Employees
-73.1%
175 47
-
Wages
-67.5%
£5,834,000 £1,895,000
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