REDMAN WHITELEY DIXON LIMITED
Company number 04724239 · Monitor this company
Executive summary
REDMAN WHITELEY DIXON LIMITED is a financially robust business with excellent profitability (net margin improving from 12% to 20.7%) and a debt-free balance sheet supported by £6.9m in cash reserves. While revenue declined 14% year-over-year, this reflects a deliberate strategic shift toward higher-margin design work rather than demand deterioration, as evidenced by gross margins expanding from 39% to 54.1%. The primary area requiring attention is the aggressive dividend distribution policy (£12.7m over two years) which has reduced the equity cushion, and the recent departure of founding director Justin Redman from the board, which necessitates careful succession management to protect client relationships and institutional knowledge.
Shareholders' funds
£3,396,034
Balance sheet as at 2025-05-31
What it does
The principal activity of the company in the year under review was that of yacht exterior and interior design, along with owner's supply across custom and semi-custom yacht projects.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-04-06
- Employees
- 64 (2025 accounts · was 68 in 2024)
- Registered office
- Old Electric Light Station, Beaulieu, Brockenhurst, Hampshire, United Kingdom, SO42 7YF
- Postcode
- SO42 7YF
- Capital
- 155 GBP
- Accounts category
- Medium
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-02-28
- Financial year end
- 31 May
Confirmation statement
- Last statement dated
- 2026-04-06
- Next due by
- 2027-04-20
Nature of business (SIC)
- 74100 specialised design activities
Officers 4 current · 8 resigned
Group structure 1 subsidiary
Controlled by RWD GROUP LTD — since 2022-11-04
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA482659 (Tier 2), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- redmanwhiteleydixon.co.uk
At RWD we’re rarely satisfied. Pushing the boundaries of yacht design, we aim for exceptional beauty and elegance. Our global reputation and growing collection of major awards reflect this commitment.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| RM COMPANY SERVICES LIMITED 2ND, FLOOR 80 GREAT EASTERN STREET, LONDON, EC2A 3RX | 2003-05-14 |
Among its peers
Top 5%
by shareholders' funds, of 241 similar companies in SO
2nd largest employer among its local peers (64 staff).
Among the oldest 25% of its local peers, trading since 2003.
No.4 of the largest specialised design activities companies in Southampton →
Competitors Southampton
This company ranks 4 among specialised design activities in Southampton.
The class of 2003
48%
of the 609 companies in this sector incorporated in 2003 are still active today; 49% have since been dissolved.
A fact about the year, not a forecast for this company.