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Rolec Services Limited

02294468

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ROLEC RALPHS LANE, BOSTON, PE20 1QU
Incorporated 09/09/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment
43210
Electrical installation

Officers

Mr Frankie Joseph Mellon

director · Since 02/01/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 33

Mr Peter Evert Bertil Stegersjã–

director · Since 31/01/2025

DIRECTOR

SWEDISH · SWEDEN · Age 37

Also on 4 other boards

Amanda Ingrid Maria Berninger

director · Since 28/02/2025

DIRECTOR

SWEDISH · SWEDEN · Age 40

Also on 1 other board

Mr Petrus Johannes Nicolaas Van Der Merwe

director · Since 01/05/2026

SOUTH AFRICAN · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Sdipcharge Ltd

75–100% shares
75–100% votes
Appoint directors

Rolec, Ralphs Lane, Boston, PE20 1QU

Notified 23/02/2021

Former PSCs

Mr Kieron Jeffery Alsop

Ceased 23/02/2021

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 02/12/2002Registered 05/12/2002Satisfied 18/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 13/02/2002Registered 15/02/2002Satisfied 18/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 12/04/2001Registered 14/04/2001Satisfied 18/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2000Registered 01/12/2000Satisfied 22/03/2005
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2000Registered 01/12/2000Satisfied 22/03/2005
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2000Registered 01/12/2000Satisfied 22/03/2005
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2000Registered 01/12/2000Satisfied 22/03/2005
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2000Registered 01/12/2000Satisfied 22/03/2005
charge
satisfied

WAVENEY VALLEY LIMITED

Created 18/04/2000Registered 06/05/2000Satisfied 21/04/2005
charge
satisfied

BARCLAYS BANK PLC

Created 30/09/1998Registered 06/10/1998Satisfied 18/12/2004
charge
satisfied

DCD FACTORS PLC

Created 10/10/1997Registered 15/10/1997Satisfied 29/06/2005
charge
satisfied

HEREBOND LIMITED

Created 26/09/1996Registered 03/10/1996Satisfied 12/12/1997
charge
satisfied

DE LAGE LANDEN FACTORS LIMITED

Created 25/01/1996Registered 15/02/1996Satisfied 14/08/1997
charge
satisfied

BARCLAYS BANK PLC

Created 06/10/1995Registered 16/10/1995Satisfied 19/09/2008
charge
satisfied

BARCLAYS BANK PLC

Created 25/05/1995Registered 07/06/1995Satisfied 19/09/2008
charge
satisfied

BARCLAYS BANK PLC

Created 19/02/1993Registered 26/02/1993Satisfied 13/04/1994

CompanyRankvs 14+ SIC 27900 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.17× · 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 concern are d

Key FinancialsYear ending 31/01/2021

Turnover

£20.3M

Annual revenue

Net Worth

£18.9M

Balance sheet strength

Cash

£7.1M

Cash in the bank

Profit Before Tax

£5.6M

Bottom line earnings

Net Current Assets

£16.1M

Working capital

Current Assets

£20.0M

Current Liabilities

£3.9M

Fixed Assets

£2.9M

Debtors

£8.2M

Cost of Sales

£11.7M

Gross Profit

£8.7M

Admin Expenses

£3.2M

Operating Profit

£5.6M

Profit After Tax

£4.6M

141avg. employees

Tax at Year End

Corp tax£600k
Dividends paid£82k

Director Loans

Directors owe company£296k

People Costs

Wages & salaries£3.1M
NI contributions£319k

Balance Sheet

Intangible assets£20k
Assets less current liabilities£19.0M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent Ratio
20215.17

Derived from filed accounts. Not audited figures.