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Richmond Cars Limited

02971884

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

THE QUAY 30 CHANNEL WAY, SOUTHAMPTON, SO14 3TG
Incorporated 28/09/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles

Officers

Mr Michael Ronald Nobes

director · Since 01/02/1995

EXECUTIVE

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Catherine Brown

secretary · Since 01/11/2004

BRITISH · Age 55

Also on 2 other boards

Mr Samuel Jonathan Nobes

director · Since 31/01/2017

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 8 other boards

Persons with Significant Control

Mr Michael Ronald Nobes

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

British · United Kingdom · Age 64

The Quay, 30 Channel Way, Southampton, SO14 3TG

Notified 06/04/2016

Charges8 outstanding

Charge
outstanding

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CompanyRankvs 688+ SIC 45190 peers
56

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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688Richmond Cars Limited
72
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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's or group’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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£28.4M

Current Liabilities

£48.9M

Fixed Assets

£38.7M

Debtors

£18.0M

Cost of Sales

£249.4M

Admin Expenses

£17.5M

Profit After Tax

-£280k

366avg. employees+119

Tax at Year End

Corp tax-£20k
Dividends paid£1.0M

People Costs

Wages & salaries£11.8M

Balance Sheet

Intangible assets£3.6M
Bank loans & overdrafts£24.7M
Assets less current liabilities£30.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58+£1.3M
20230.73—

Derived from filed accounts. Not audited figures.