RED GATE SOFTWARE GROUP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for at least the next 12 months. they therefore continue to adopt the going concern basis in preparing the annual financial statements. The Group's forecasts and projections, taking account of potential and realistic changes in trading performance, continue to indicate that the Group is able to operate within the level of existing cash resources, which at 31 December 2024 was £73.8m (2023: £58.5m). Management have considered a plausible downturn in cashflow and are satisfied that under such a scenario the Group would maintain sufficient financial headroom to continue operations without constraint. Furthermore, the Company and Group are also able to constrain significant future cash outflows if required. Accordingly, the directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future being a period of at least 12 months from the date of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. RED GATE SOFTWARE GROUP LIMITED · parent
   1. Red Gate Software Limited 100% · UK · Software development & sales
   2. Red Gate Software Incorporated 100% · US · Customer & sales support
   3. Red Gate Software Pty Limited 100% · Australia · Customer & sales support
   4. Red Gate Software GmbH 100% · Germany · Customer & sales support
   5. Boxfuse GmbH 100% · Germany · Software development & sales
   6. Red Gate Software Canada Inc. 100% · Canada · Event management support

Significant events

• “On 21 January 2025 Red Gate Software B.V. was incorporated in Netherland, an additional indirect subsidiary of Red Gate Software Group Limited.”
• “On 21 May 2024, the Company acquired the assets of solidIT consulting & software development gmbH for £1.3m (€1.5m), comprising DB-Engines.com.”
• “Post year end in March 2025, a dividend of £4.0m was proposed and fully paid for the year ending 31 December 2025.”
• “The Group made qualifying third party indemnity provisions for the benefit of its directors which were made during the year and remain in force at the date of this report.”

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

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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