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Rossetts (Uk) Limited

06689316

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MEADOW ROAD INDUSTRIAL ESTATE, WORTHING, BN11 2RU
Incorporated 04/09/2008

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mrs Pauline Marie Mckeating

secretary · Since 04/09/2008

Mr Leslie Neil Mckibbin

director · Since 04/09/2008

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 63

Also on 6 other boards

Ms Pauline Marie Mckeating

director · Since 17/12/2009

ACCOUNTANT

BRITISH · NORTHERN IRELAND · Age 50

Also on 5 other boards

Mr Wayne Solomon

secretary · Since 01/09/2016

Mr Richard Wheeler

director · Since 01/01/2024

DEALER PRINCIPAL

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Inspired Business Investments

75–100% shares

47, Mallusk Road, Newtownabbey, BT36 4PJ

Reg: 51580 · Northern Ireland · Limited Company

Notified 06/04/2016

Former PSCs

Mr Leslie Neil Mckibbin

Ceased 15/03/2023

Charges2 outstanding

Charge
outstanding

NORTHERN BANK LIMITED

Created 30/12/2014Registered 14/01/2015
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 31/01/2012Registered 02/02/2012Satisfied 12/01/2015
charge
satisfied

MERCEDES BENZ FINANCIAL SERVICES UK LIMITED

Created 17/12/2009Registered 23/12/2009Satisfied 12/01/2015
charge
outstanding

THE NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LIMITED

Created 25/02/2009Registered 07/03/2009

CompanyRankvs 28+ SIC 45190 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.33× · 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 co

Key FinancialsYear ending 31/12/2024

Turnover

£61.9M

Annual revenue

Net Worth

£12.6M

Balance sheet strength

Cash

£11.5M

Cash in the bank

Profit Before Tax

£2.9M

Bottom line earnings

Net Current Assets

£11.2M

Working capital

Current Assets

£19.6M

Current Liabilities

£8.4M

Fixed Assets

£4.4M

Debtors

£3.4M

Cost of Sales

£51.9M

Gross Profit

£10.0M

Admin Expenses

£6.4M

Operating Profit

£3.7M

Profit After Tax

£2.4M

172avg. employees+1

Tax at Year End

Corp tax£421k

People Costs

Wages & salaries£6.5M
NI contributions£762k

Balance Sheet

Assets less current liabilities£15.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.33+£2.4M
20232.00

Derived from filed accounts. Not audited figures.