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AIM:ROAD · Consumer Discretionary · UK roadside real estate / petrol forecourt asset management and development, AIM-listed
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Roadside Real Estate plc

Roadside Real Estate Plc (formerly Barkby Group Plc) is a UK, AIM-listed real estate business whose stated vision is to build a scalable portfolio of high-quality petrol filing stations (PFS) and roadside retail assets, underpinned by a best-in-class management team. During FY2025 the Group restructured to focus solely on this roadside/forecourt real estate strategy, co-investing via the Meadow Partners LLP joint venture (Roadside funds/owns 3%) and disposing of its legacy Commercial Property, automotive and Cambridge Sleep Sciences (CSS) businesses. At the year end its only wholly-owned operating asset was a former Sainsbury's petrol filling station in Coventry, with a six-site Gardner Retail forecourt portfolio under binding agreement to complete after the year end.

The latest annual report

FY2025 in sixty seconds

year to 30 Sept 2025 · approved 17 Feb 2026 · 91 pages · Companies House

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Roadside Real Estate Plc, which is building a portfolio of petrol filling stations and roadside shops, had no revenue in the year to 30 September 2025, the same as the year before. It made a profit after tax of £507k, down from £43.4m, while its loss before tax narrowed to £1.6m from £3.1m.

During the year the company sold its older property, car and sleep-science businesses to focus only on forecourts. Its costs were pushed up by professional fees for deals and disposals, which rose to £3,463k from £660k. One-off gains lifted the final profit, including a rise in the value of an agreement to sell its remaining Cambridge Sleep Sciences stake.

Cash at the year end was £128k and borrowings were £17.9m, all lent by a company controlled by the chief executive's family. No money was raised from shareholders and no dividend was proposed. The chairman described a solid financial foundation, with six Southwest England petrol stations due to be bought on 25 February 2026. But the auditor highlighted serious doubt over whether the company can keep going, as it relies on a planned share sale of at least £20m or extra borrowing.

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

Roadside real estate asset management and development fees/rental income (continuing operations)

Revenue from continuing operations principally arises from roadside real estate asset management and development activities; continuing revenue was £nil in both FY2025 and FY2024

page 49
What moved the margintailwind

Group cost base review/reduction following disposal of non-core businesses

"The Group's cost base has now been adjusted to ensure it is appropriate for the ongoing operations of the Group"

page 9
What management said

Chairman: Roadside now stands on a solid financial foundation, with strong resources to execute on our acquisition pipeline and grow our earnings profile.

page 5
The dividend

The Board is not recommending a dividend for FY2025.

page 27

All 7 years' reports, read the same way

Key figures

9 years on one page · FY2017–FY2025

The share price over the full statements

LineFY2017lockedFY2019lockedFY2019lockedFY2020lockedFY2021lockedFY2022lockedFY202309/23FY202409/24FY202509/25
Revenue
Operating profit
Profit for the year
Basic EPS
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.

Read twice

17 figures restated in a later report

Every figure is read again from the following year’s report: 173 confirmed, 14 differ, 17 restated.

LineYearAs first filedIn the later report
FY2024£7.5mFY2024 report£7.9mFY2025 report
FY2024£431kFY2024 report£0FY2025 report
FY2024£4.3mFY2024 report£1.4mFY2025 report
FY2024−£1.9mFY2024 report−£1.8mFY2025 report
FY2024£43.2mFY2024 report−£3.1mFY2025 report
FY2024£431kFY2024 report£0FY2025 report
FY2024143.4mFY2024 report143.7mFY2025 report
FY2024143.4mFY2024 report143.7mFY2025 report

9 more figures were restated in FY2017 to FY2022, which a free account opens.