RESTORE PLC

1. RESTORE PLC 2010-09-08 → present
2. MAVINWOOD PLC. 2004-09-17 → 2010-09-08
3. DYNO GROUP PLC 2004-07-02 → 2004-09-17

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors confirm that the going concern basis of accounting has been adopted in preparing the financial statements. The Directors state that Restore's accounts are prepared on the going concern basis. This is appropriate as the Company expects to be able to meet its liabilities as they fall due for the foreseeable future, making no material uncertainties to going concern.”

Group structure

1. RESTORE PLC · parent
   1. Restore Group Holdings Limited · England and Wales · Holding
   2. All DM Management Limited · England and Wales · Information Management
   3. The Document Warehouse (UK) Limited · England and Wales · Information Management
   4. Synetec Limited · England and Wales · Technology

Significant events

• “Group revenue increased 27% to £304.7m, with adjusted profit before tax* rising 22% to £40.6m.”
• “Adjusted operating margin† reached 20.8%, surpassing our 20% medium term target and demonstrating the effectiveness of the margin enhancing initiatives delivered over the past two years.”
• “The successful completion of seven acquisitions, including Synertec, expanded the Group's capabilities across digital and print communications and strengthened our share of the shredding market.”
• “The disposal of the Harrow Green has sharply improved quality of earnings and created a leaner and more cohesive Group with further opportunity for growth in 2026 and beyond.”
• “The Group maintained its hallmark of strong cash generation, achieving 103% cash conversion (2024: 117%) and £42.9m of free cash flow, enabling active management and the future return of surplus cash to shareholders with the launch of a £20m buyback programme to return excess cash to shareholders.”
• “Statutory operating profit and statutory profit before tax impacted by significant acquisition-related costs, including the Synertec earn-out recognised as remuneration over the earn-out period.”

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

Filings

16

last 12 months

Capital events

12

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

  +27%

  £240,000,000 → £304,700,000

• Cash

  +1,122%

  £5,000,000 → £61,100,000

• Net assets

  -22.5%

  £33,300,000 → £25,800,000

• Employees

  +6.4%

  2,580 → 2,746

• Operating profit

  +166.1%

  £12,700,000 → £33,800,000

• Profit before tax

  +378.4%

  £3,700,000 → £17,700,000

• Wages

  +11%

  £79,300,000 → £88,000,000

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