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Rg Distributors Limited

07575324

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7 SPRING ROAD, SEAHAM, SR7 9DR
Incorporated 23/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Duncan Evershed

director · Since 04/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr John Nelson Abernethie

director · Since 10/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Ben Nigel Brian Doouss

director · Since 10/06/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Headway Point Limited

50–75% shares
50–75% votes
Appoint directors

Unit 7 Spring Road, Jade Business Park, Seaham, SR7 9DR

Reg: 08026692 · Register Of Companies In England And Wales · Private Limited Company

Notified 04/09/2019

Callow Investments Limited

25–50% shares
25–50% votes

20-22, Wenlock Road, London, N1 7GU

Reg: 10867689 · England · Limited

Notified 31/01/2025

Bja Holdings Limited

25–50% shares
25–50% votes

Granville House The Heights Business Park, Ibstone Road, High Wycombe, HP14 3BG

Reg: 09645402 · Companies House · Private Limited Company

Notified 02/06/2026

Former PSCs

Mr Robert Christopher Kelly

Ceased 04/09/2019

Mr Graeme Warwick

Ceased 04/09/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/04/2020Registered 24/04/2020
Charge
satisfied

HSBC UK BANK PLC

Created 07/09/2018Registered 12/09/2018Satisfied 03/09/2019
Charge
satisfied

GROWTH STREET PROVISION LIMITED

Created 21/11/2016Registered 24/11/2016Satisfied 09/08/2018

CompanyRankvs 1097+ SIC 46690 peers
53

Financial strength87th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 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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How is this score calculated?
Financial strength22/25 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 c

Key FinancialsYear ending 31/12/2023

Net Worth

£727k

Balance sheet strength

Cash

£329k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.5M

Fixed Assets

£2.7M

Debtors

£295k

Profit After Tax

-£47k

29avg. employees+20

Balance Sheet

Intangible assets£92k
Bank loans & overdrafts£25k
Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20230.99-£536k
20211.55+£487k
20211.49

Derived from filed accounts. Not audited figures.