REDWOOD TTM LTD
Get an alert when REDWOOD TTM LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-09
Overdue
Watchouts
Cash
£24K
-31.3% vs 2023
Net assets
£4M
-14.6% vs 2023
Employees
140
-2.8% vs 2023
Profit before tax
£332K
+0.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-09.
Name history
Renamed 1 time since incorporation
- REDWOOD TTM LTD 2014-09-18 → present
- REDWOOD DISTRIBUTION LIMITED 1993-12-09 → 2014-09-18
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,848,194 | £9,856,646 | |
| Operating profit | £325,513 | £333,202 | |
| Profit before tax | £331,654 | £331,824 | |
| Net profit | £254,284 | £361,559 | |
| Cash | £35,030 | £24,083 | |
| Total assets less current liabilities | £4,473,108 | £3,848,656 | |
| Net assets | £4,373,058 | £3,734,617 | |
| Equity | £4,373,058 | £3,734,617 | |
| Average employees | 144 | 140 | |
| Wages | £3,559,391 | £3,667,300 |
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 |
|---|---|---|---|
| Operating margin | 3.0% | 3.4% | |
| Net margin | 2.3% | 3.7% | |
| Return on capital employed | 7.3% | 8.7% | |
| Gearing (liabilities / total assets) | 19.1% | 40.5% | |
| Current ratio | 5.06x | 2.26x | |
| Interest cover | — | 58.43x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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.”
Significant events
- “The decrease in turnover was a result of difficult trading conditions following a strong 2023.”
- “Dividends were paid amounting to £1.0m (2023: £0.5m) during the year.”
- “Despite Brexit being a number of years past, it remains both an opportunity and a risk for Redwood TTM.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATHERTON, Brian John Lyde | Secretary | 1994-01-10 | — | British |
| ATHERTON, Brian John Lyde | Director | 1994-10-19 | Mar 1944 | British |
| ATHERTON, John Alexander Lyde | Director | 2006-01-01 | May 1976 | British |
| ATHERTON, Maureen Helen | Director | 1994-01-10 | Oct 1944 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORPORATE NOMINEE SECRETARIES LIMITED | Corporate Nominee Secretary | 1993-12-09 | 1994-01-10 |
| LAWTON, Gail Margaret | Director | 2010-01-04 | 2012-06-18 |
| ROSE, Darren | Director | 2014-06-27 | 2018-12-31 |
| CORPORATE NOMINEE SERVICES LIMITED | Corporate Nominee Director | 1993-12-09 | 1994-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Redwood Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-28 | Active |
| Mr Brian John Lyde Atherton | Individual | Shares 25–50%, voting-rights-25-to-50-percent-as-firm, Appoints directors | 2016-12-07 | Ceased 2018-03-28 |
| Mrs Maureen Helen Atherton | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-12-07 | Ceased 2018-03-28 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-05-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-10 | AA | accounts | Accounts with accounts type full | |
| 2021-09-17 | AA | accounts | Accounts with accounts type full | |
| 2021-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-22 | AA | accounts | Accounts with accounts type full | |
| 2020-03-18 | CH01 | officers | Change person director company with change date | |
| 2020-03-18 | CH01 | officers | Change person director company with change date | |
| 2020-03-18 | CH01 | officers | Change person director company with change date | |
| 2020-03-18 | CH03 | officers | Change person secretary company with change date | |
| 2019-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2019-12-10 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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
-9.1%
£10,848,194 £9,856,646
-
Cash
-31.3%
£35,030 £24,083
-
Net assets
-14.6%
£4,373,058 £3,734,617
-
Employees
-2.8%
144 140
-
Operating profit
+2.4%
£325,513 £333,202
-
Profit before tax
+0.1%
£331,654 £331,824
-
Wages
+3%
£3,559,391 £3,667,300
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