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Rovco Limited

09742877

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O RSM UK RESTRUCTURING ADVISORY LLP, LONDON, EC4A 4AB
Incorporated 21/08/2015

Compliance

Last accounts

31/12/2023

full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 12/08/2024

Due 26/08/2025

Overdue

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Brian James Allen

director · Since 21/08/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 7 other boards

Mr John Mark Yeomans

director · Since 26/04/2018

ANGEL INVESTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Mr Andrew Bloxam

director · Since 20/12/2019

SENIOR INVESTMENT MANAGER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mrs Kristine Marie Kvaloe Johansson

director · Since 14/10/2022

INVESTMENT MANAGER

NORWEGIAN · NORWAY · Age 42

Mr Francis Robert Gugen

director · Since 01/03/2023

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Former

Dr Kari Jacqueline Dempsey

director · Resigned 22/04/2026

Persons with Significant Control

Former PSCs

Brian James Allen

Ceased 31/03/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/06/2024Registered 05/07/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/04/2023Registered 25/04/2023Satisfied 13/02/2024
Charge
outstanding

KEDGE 44 LTD

Created 22/06/2022Registered 23/06/2022
Charge
satisfied

GROWTH LENDING 2021 LIMITED

Created 18/10/2021Registered 19/10/2021Satisfied 07/06/2024
Charge
satisfied

IL2(2018)

Created 27/09/2021Registered 27/09/2021Satisfied 19/10/2021

Insolvency History2 cases

in administration

Damian Webb (practitioner) · David Frederick Shambrook (practitioner)

creditors voluntary liquidation22/04/2026

Damian Webb (practitioner) · David Frederick Shambrook (practitioner)

CompanyRankvs 15+ SIC 74909 peers
2

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity11/15 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

Insolvency history: -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 31/12/2023

Turnover

£19.6M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£9.2M

Bottom line earnings

Net Current Assets

-£1.9M

Working capital

Current Assets

£5.7M

Current Liabilities

£7.5M

Fixed Assets

£6.5M

Debtors

£4.6M

Cost of Sales

£13.1M

Gross Profit

£6.0M

Admin Expenses

£12.9M

Operating Profit

-£8.9M

Profit After Tax

-£8.1M

88avg. employees

People Costs

Wages & salaries£7.5M
NI contributions£908k

Balance Sheet

Intangible assets£145k
Assets less current liabilities£4.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20230.75

Derived from filed accounts. Not audited figures.