RADIO WORKS LIMITED
Get an alert when RADIO WORKS LIMITED 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
2026-06-28 (in 1mo)
Last made up 2025-06-14
Watchouts
None on the register
Cash
£1M
+48.5% vs 2023
Net assets
£581K
-33.5% lowest in 6 filed years
Employees
32
+14.3% vs 2023
Profit before tax
£1M
-29.3% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £36,483,303 | £42,913,610 | |
| Operating profit | — | — | — | — | £1,775,320 | £1,247,471 | |
| Profit before tax | — | — | — | — | £1,836,558 | £1,299,074 | |
| Net profit | £568,167 | £1,422,762 | — | £1,731,189 | £1,410,346 | £957,260 | |
| Cash | £4,901,916 | £5,165,522 | £2,519,111 | £2,109,492 | £938,372 | £1,393,227 | |
| Total assets less current liabilities | £4,356,747 | — | — | — | £874,220 | £581,480 | |
| Net assets | £4,343,932 | £5,646,694 | £1,558,436 | £1,234,919 | £874,220 | £581,480 | |
| Equity | £4,343,932 | — | — | — | £874,220 | £581,480 | |
| Average employees | 42 | 38 | 27 | 26 | 28 | 32 | |
| Wages | £1,297,073 | £1,098,024 | £1,240,758 | £1,180,549 | £1,351,718 | £1,506,707 |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.9% | 2.9% | |
| Net margin | — | — | — | — | 3.9% | 2.2% | |
| Return on capital employed | — | — | — | — | 203.1% | 214.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 87.3% | 93.3% | |
| Current ratio | — | — | — | — | 1.13x | 1.06x | |
| Interest cover | — | — | — | — | 1152.81x | — |
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
- Consolidated group
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and is confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- RADIO WORKS LIMITED · parent
- Auction Media Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MASON, Carly | Secretary | 2014-09-10 | — | — |
| CHARNLEY-HEATON, Michael | Director | 1996-03-12 | Nov 1963 | British |
| DENNIS-JONES, Richard | Director | 2021-02-12 | Jun 1977 | British |
| MASON, Carly | Director | 2024-04-04 | Sep 1975 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARNLEY-HEATON, Caroline Margaret | Secretary | 1996-03-12 | 2014-09-10 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-03-12 | 1996-03-12 |
| HILL, Emma Louise | Director | 2021-02-12 | 2023-03-31 |
| HILL, Emma Louise | Director | 2014-10-24 | 2015-12-31 |
| MCGUFFIE, Georgia Simone | Director | 2014-10-24 | 2015-12-31 |
| PARK, Ian Robert Stanley | Director | 2014-10-24 | 2015-12-31 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1996-03-12 | 1996-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Radio Works Trust Company Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2021-02-12 | Active |
| Mr Michael Charnley-Heaton | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-02-12 |
Filing timeline
Last 20 of 112 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-02-24 MA Memorandum articles
- 2021-02-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-23 | AA | accounts | Accounts with accounts type group | |
| 2022-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-15 | AA | accounts | Accounts with accounts type group | |
| 2021-10-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-02-24 | MA | incorporation | Memorandum articles | |
| 2021-02-24 | RESOLUTIONS | resolution | Resolution | |
| 2021-02-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-02-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-02-16 | SH01 | capital | Capital allotment shares | |
| 2021-02-16 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
+17.6%
£36,483,303 £42,913,610
-
Cash
+48.5%
£938,372 £1,393,227
-
Net assets
-33.5%
£874,220 £581,480
lowest in 6 filed years
-
Employees
+14.3%
28 32
-
Operating profit
-29.7%
£1,775,320 £1,247,471
-
Profit before tax
-29.3%
£1,836,558 £1,299,074
-
Wages
+11.5%
£1,351,718 £1,506,707
highest in 6 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers