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Richmond Cars (Southampton) Limited

03820911

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE QUAY 30 CHANNEL WAY, SOUTHAMPTON, SO14 3TG
Incorporated 06/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Michael Ronald Nobes

director · Since 17/11/1999

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

Charges3 outstanding

Charge
outstanding

METRO BANK PLC

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METRO BANK PLC

Created 21/12/2017Registered 28/12/2017
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outstanding

METRO BANK PLC

Created 21/12/2017Registered 28/12/2017
charge
satisfied

HSBC BANK PLC

Created 23/01/2013Registered 24/01/2013Satisfied 30/12/2017
charge
satisfied

SANTANDER CONSUMER (UK) PLC

Created 22/02/2012Registered 25/02/2012Satisfied 30/12/2017
charge
satisfied

HSBC BANK PLC

Created 23/11/2010Registered 25/11/2010Satisfied 30/12/2017
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satisfied

HSBC BANK PLC

Created 17/11/2010Registered 18/11/2010Satisfied 30/12/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2009Registered 13/05/2009Satisfied 22/06/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2009Registered 07/05/2009Satisfied 22/06/2012
charge
satisfied

ANTHONY JOHN BEAL

Created 26/02/2009Registered 06/03/2009Satisfied 22/06/2012
charge
satisfied

INCHCAPE ESTATES LIMITED

Created 26/02/2009Registered 05/03/2009Satisfied 22/06/2012
charge
satisfied

BARCLAYS BANK PLC

Created 23/06/2005Registered 28/06/2005Satisfied 22/06/2012
charge
satisfied

BARCLAYS BANK PLC

Created 20/02/2000Registered 08/03/2001Satisfied 22/06/2012
charge
satisfied

HYUNDAI CAR FINANCE LIMITED

Created 28/06/2000Registered 29/06/2000Satisfied 12/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 29/02/2000Registered 20/03/2000Satisfied 01/05/2009
charge
satisfied

BP OIL UK LIMITED · MOBIL OIL COMPANY LIMITED

Created 29/02/2000Registered 10/03/2000Satisfied 18/06/2005

CompanyRankvs 298+ SIC 45111 peers
60

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
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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298Richmond Cars (Southampton) Limited
80
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£105k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£11.2M

Current Liabilities

£8.7M

Fixed Assets

£3.1M

Debtors

£6.9M

Cost of Sales

£40.9M

Gross Profit

£2.0M

Admin Expenses

£1.7M

Profit After Tax

-£141k

56avg. employees-4

Tax at Year End

Corp tax-£262

People Costs

Wages & salaries£1.5M

Balance Sheet

Assets less current liabilities£5.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.29-£955k
20231.22—

Derived from filed accounts. Not audited figures.