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Rgb Hifi & Video Limited

03961853

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 22 HERONSGATE TRADING ESTATE, BASILDON, SS14 3EU
Incorporated 31/03/2000

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/04/2026

Due 26/04/2027

On track

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Valeeti Singh

director · Since 31/03/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 2 other boards

Mr Satpal Singh Digwa

director · Since 01/04/2002

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Kirpan Singh

director · Since 01/04/2002

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mrs Rashpal Gurmeeht Singh

director · Since 01/04/2002

DIRECTOR

BRITISH · ENGLAND · Age 72

Persons with Significant Control

Regency London Holdings Ltd

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

543-549, High Road, Ilford, IG1 1TZ

Reg: 12882909 · England And Wales Companies Registry · Private Limited Company

Notified 05/05/2021

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2021Registered 16/06/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/11/2008Registered 29/11/2008Satisfied 12/02/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2005Registered 22/05/2008Satisfied 04/04/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2005Registered 22/05/2008Satisfied 04/04/2016
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/03/2005Registered 29/03/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2007Registered 23/03/2007Satisfied 20/07/2021
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2007Registered 23/03/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/06/2006Registered 22/06/2006Satisfied 04/04/2016

CompanyRankvs 12+ SIC 47540 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.06× · 20/20
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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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

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 going concern are d

Key FinancialsYear ending 31/03/2024

Turnover

£19.6M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£730k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£4.2M

Current Liabilities

£2.0M

Fixed Assets

£2.0M

Debtors

£2.2M

Cost of Sales

£14.4M

Gross Profit

£5.2M

Admin Expenses

£3.3M

Operating Profit

£613k

Profit After Tax

£495k

38avg. employees+1

Tax at Year End

Corp tax£206k
Dividends paid£1.5M

People Costs

Wages & salaries£1.0M
NI contributions£78k

Balance Sheet

Assets less current liabilities£4.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.06-£1.0M
20232.93+£593k
20223.02+£210k
20213.11+£360k
20203.12

Derived from filed accounts. Not audited figures.