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AIM:REAT · Industrials · Specialist UK facilities-support services: drainage, plumbing and pump maintenance, commercial window cleaning, specialist cleaning and emergency decontamination
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React Group plc

REACT Group PLC is a UK specialist provider of essential, non-discretionary facilities-support services, operating through four divisions: drainage, plumbing and pump maintenance; commercial window cleaning; specialist cleaning; and emergency decontamination, supported by a Midlands-based regional soft-FM and contract cleaning business. The Group serves over 1,000 active customers nationwide, including NHS trusts, major retailers and industrial clients, with a high proportion of contracted and recurring revenue. It has grown through organic expansion and acquisitions (Fidelis 2021, LaddersFree 2022, 24hr Aquaflow 2024).

The latest annual report

FY2025 in sixty seconds

year to 30 Sept 2025 · approved 5 Feb 2026 · 68 pages · Companies House

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REACT Group, a UK provider of essential building services such as drainage, window cleaning and emergency decontamination, grew revenue to £24.9m in the year to 30 September 2025, up from £20.7m. But it made a loss before tax of £269k, against a profit of £156k the year before.

Growth was helped by buying drainage specialist 24hr Aquaflow in October 2024. That lifted the share of sales kept after direct costs to 32.1%, from 27.6%. Profit was held back by higher wage and National Insurance costs and by customers delaying decisions in the first half after the October 2024 Budget. One-off costs, including fees for the Aquaflow purchase, also weighed on the result.

To pay for the acquisition, the company raised £1.1m from shareholders and took out a new bank loan. That left borrowings of £3.4m and cash of £1.2m at the year end. No dividend was paid. Management said early trading in the new year was encouraging and that pressures were easing, though it remains cautious on one-off project work. The auditor raised no concerns about the company's ability to keep trading.

From the reportevery line sits on the page it names
What drove revenue

Ageing infrastructure requiring ongoing maintenance

Demand is underpinned by ageing infrastructure requiring ongoing maintenance

page 9
What moved the margintailwind

Business mix shift toward higher-margin Aquaflow (close to 50% gross margin)

gross margin improving to 32.1% (2024: 27.6%)... reflects the Group's strategic shift toward higher-margin, specialist services, particularly through 24hr Aquaflow, which operates at close to 50% gross margin

page 12
What management said

Early trading in the new financial year has been encouraging, with demand for both reactive and planned services remaining resilient. With the pressures of the prior year continuing to recede, the Board sees a strengthening set of opportunities as we move through the year.

page 6
The dividend

No dividend is payable in respect of the year (2024: £Nil)

page 24

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Key figures

11 years on one page · FY2015–FY2025

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Revenue
Operating profit
Profit for the year
Basic EPS
Dividend per share—
Free cash flow
Net debt (negative = net cash)
Shares in issue
Operating margin
Return on capital employed

GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.

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5 figures restated in a later report

Every figure is read again from the following year’s report: 328 confirmed, 12 differ, 5 restated.

No figure has been restated: every figure a later report printed again, it printed the same.

5 more figures were restated in FY2015 to FY2022, which a free account opens.