AIM:RGG · Real Estate · AIM-listed (TIDM: RGG) provider of rent guarantor / financial guarantee services to the UK private rental sector (proptech/fintech)

Rentguarantor Holdings plc

RentGuarantor Holdings PLC (AIM: RGG) is a UK proptech/fintech group providing online rent guarantor (financial guarantee) services to the private rental sector, acting as guarantor for tenants who cannot otherwise satisfy landlord referencing requirements. Its principal operating subsidiaries are RentGuarantor Limited (UK) and Ezylet Ltd (Gibraltar). The Group moved from the Aquis Stock Exchange to AIM in August 2025 and is positioning itself to benefit from the Renters' Rights Act 2025, which takes effect from 1 May 2026.

Export the Rentguarantor Holdings plc factsheetfree account Open the FY2025 report

Filings

1 annual report read

Open a year to see what its report said. Every line in it carries the page it was read from.

Sources: Companies House (1)

FY2026Next report expected 11 Mar 2027
Open the reportJSONComing soon
Sixty seconds on the FY2025 report
RentGuarantor Holdings PLC acts as a paid guarantor for UK tenants who cannot pass landlords' checks on their own. In the year to 31 December 2025 its revenue rose to £2.4m from £1.3m, but its loss after tax widened to £1.6m from £693k. Sales grew mainly because the number of tenant guarantee contracts sold rose 85%. The loss grew because the company brought forward marketing spending ahead of new rental laws. It also paid £559,204 in one-off costs for moving its shares to AIM, London's market for smaller companies, in August 2025. Claims for unpaid rent also took a larger share of revenue. The company raised £3.6m by selling new shares and ended the year with £2.1m in cash and £253k of borrowings. It paid no dividend. The chairman said the first two months of 2026 showed further revenue growth. He was optimistic that the Renters' Rights Act, which starts on 1 May 2026, will help the business. The auditor raised no doubt about the company's ability to keep trading, though the report notes that it relies on raising money to fund its growth.
From the reportevery line sits on the page it names
What drove revenue
Number of tenant guarantee contracts sold, up 85% to 3,123 (2024: 1,687)
Tenant contracts growth 85% YoY; revenue growth of 87% to £2,387k primarily driven by this increase in tenant contracts
page 6
And
Average contract price, up 1.2% to £764 (2024: £755), aided by introduction of a three-year guarantee contract in July 2024
Average revenue per contract rose 1.2%; the three-year product was introduced 'to match the demand for longer term tenancies' and had a positive impact on 2025 results
page 6
What moved the margintailwind
High gross margin on guarantee contracts
Gross profit £1,894,407 on revenue £2,387,327 (direct costs only £492,920), a c.79% gross margin
page 32
Andheadwind
Rising arrears claims as a percentage of revenue
Arrears claims % of revenue rose 36% YoY to 5.48% (2024: 4.03%)
page 6
One-offs in the year
£559k charge: Exceptional AIM Admission expenses
page 50
What management said
Chairman: 'The first two months of 2026 are showing further growth in revenues'; optimistic the Company can continue to grow and develop strongly given the Renters' Rights Act and NRLA partnership
page 5
After the year end
Formal note states: 'the Company has evaluated subsequent events and determined that there have been no other events that have occurred that would require adjustments to our disclosures'
page 62
The dividend
No dividend was paid or proposed for the year ended 31 December 2025 (2024: nil); no formal dividend policy stated
page 12
Going concern and the audit
Financial statements prepared on a going concern basis. Group incurred a loss of £1,565,373 (£1,006,169 excluding £559,204 exceptional AIM admission costs) with operating cash outflow of £1,983,683; cash balance £2,051,622 at year end. Directors raised £3,560,232 via share subscriptions (plus £455,275 via convertible loan notes) and reviewed forecasts to December 2027, including a stress-tested 'plausible worst-case scenario'; the CEO has committed to fund any working-capital gap. Auditor (RPG Crouch Chapman LLP, first year of engagement, appointed following HaysMac LLP's resignation) issued an unqualified opinion ('true and fair view') with no material uncertainty related to going concern identified; the sole key audit matter was Revenue Recognition (presumed fraud risk under auditing standards).
page 27
The risks it names first
Funding risk — reliance on continued cash raises (loan notes/share subscriptions) to fund development of the business while protecting shareholder valuep.9
Strategic/commercial risk — success depends on growing the customer base, developing technology and strategic partnershipsp.10
Operational risk — ineffective succession planning and failure to retain key staff/skills in a competitive labour marketp.10
Operational risk — non-supply by a major third-party technology/software supplier disrupting operations or revenuep.10
Read from C001088-AR-2025-ch.