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Routeco Limited

01268846

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

DAVY AVENUE, MILTON KEYNES, MK5 8HJ
Incorporated 15/07/1976

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

46690
Wholesale of other machinery and equipment

Officers

David Amps

director · Since 21/08/2018

British

Oliver Keeler

director · Since 05/09/2024

British

Former

Sean Thomas Evans

secretary · Resigned 27/03/2025

Ian Stewart

secretary · Resigned 01/11/2000

Paul Anthony Barsby

director · Resigned 31/12/2017

David Cousins

director · Resigned 05/08/2002

Sean Thomas Evans

director · Resigned 27/03/2025

Stephen William Walter Gillings

director · Resigned 31/03/2003

Steve Gillings

director · Resigned 01/02/2001

Andros Neocleous

director · Resigned 01/01/2019

Colin Richard Spring

director · Resigned 01/06/2000

Ian Stewart

director · Resigned 31/08/2022

Anthony Usher

director · Resigned 31/12/2016

David Andrew Wilson

director · Resigned 01/06/2000

Jane Elizabeth Wilson

director · Resigned 01/06/2000

Peter John Wilson

director · Resigned 01/06/2000

CompanyRankvs 105+ SIC 46690 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.85× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£108.6M

Annual revenue

Net Worth

£36.3M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£12.9M

Bottom line earnings

Net Current Assets

£35.9M

Working capital

Current Assets

£48.4M

Current Liabilities

£12.6M

Fixed Assets

£2.3M

Debtors

£39.6M

Cost of Sales

£81.4M

Gross Profit

£27.2M

Admin Expenses

£14.1M

Operating Profit

£10.1M

Profit After Tax

£10.0M

223avg. employees

Tax at Year End

Dividends paid£12.0M

People Costs

Wages & salaries£10.7M
NI contributions£1.3M

Balance Sheet

Total assets£37.2M
Assets less current liabilities£38.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20243.85

Derived from filed accounts. Not audited figures.