THE RH GROUP LTD
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Cash
£57k
Latest balance sheet
Net assets
£7.1m
Equity attributable
Employees
158
Average over period
Profit before tax
£1.5m
Period ending 2023-12-31
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £64,896,000 | — | |
| Operating profit | £2,947,000 | — | |
| Profit before tax | £1,505,000 | — | |
| Net profit | — | — | |
| Cash | £57,000 | — | |
| Total assets less current liabilities | £21,211,000 | — | |
| Net assets | £7,081,000 | — | |
| Equity | £6,621,000 | — | |
| Average employees | 158 | — | |
| Wages | £6,394,000 | — | |
| Directors' remuneration | £414,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 4.5% | |
| Return on capital employed | 13.9% | |
| Gearing (liabilities / total assets) | 86.3% | |
| Current ratio | 0.86x | |
| Interest cover | 2.04x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- THE RH GROUP LTD 2021-03-15 → present
- RH DEVELOPMENT (PROPERTY) LIMITED 2005-05-16 → 2021-03-15
- WYVERN INDUSTRIAL CONSULTANTS LIMITED 1988-08-18 → 2005-05-16
- RAPID 6465 LIMITED 1988-07-11 → 1988-08-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Page Kirk LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared this statement of going concern for The RH Group Ltd and its subsidiary companies utilising shared resources and linked funding. My expectation is to deliver a result similar to 2025, which in the current climate feels both realistic and acceptable.”
Group structure
- THE RH GROUP LTD · parent
- RH Commercial Vehicles Ltd 90%
- RH Rentals Ltd 90%
Significant events
- “the year will also be remembered for increasing insolvency issues; we suffered several business failures across both RHCV and RH Rentals (RHR) during the year.”
- “UK businesses continue to face challenging conditions, in part as a result of UK Government policies, recent changes to employer NIC (national insurance contributions) have added significantly to the group's employment costs and will inevitably impact on the group's overall profitability alongside proposed changes to employment legislation and wider taxation initiatives.”
- “global events continue to colour business sentiment, with specific concerns around oil prices, as the group's customer base is transport focused, fuel remains a key cost effecting their own profitability, and thus outlook including investment in new and used vehicles, in turn inevitably potentially reflecting on the RH Group's financial performance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAXTER, Nigel Andrew | Secretary | 2005-05-24 | — | British |
| BAXTER, Neville Alfred | Director | — | Apr 1939 | British |
| BAXTER, Nigel Andrew | Director | 2005-04-19 | Mar 1963 | British |
| BAXTER, Peter James | Director | 2005-04-19 | Mar 1973 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRANE, Roger Leonard Arthur | Secretary | — | 2004-06-30 |
| RAFFERTY, Steven | Secretary | 2004-07-01 | 2005-05-24 |
| ANDERSON, Brian Henry | Director | — | 2002-01-05 |
| CRANE, Roger Leonard Arthur | Director | — | 2004-06-30 |
| HILL, Christopher John | Director | — | 1996-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter James Baxter | Individual | Shares 25–50%, Voting 25–50% | 2024-12-09 | Active |
| Mr Nigel Andrew Baxter | Individual | Shares 25–50%, Voting 25–50% | 2017-01-02 | Active |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-03 | AA | accounts | Accounts with accounts type group | |
| 2026-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-09 | CH01 | officers | Change person director company with change date | |
| 2024-11-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-22 | AA | accounts | Accounts with accounts type group | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | AAMD | accounts | Accounts amended with accounts type group | |
| 2023-10-10 | AA | accounts | Accounts with accounts type group | |
| 2023-07-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-02-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-07 | AA | accounts | Accounts with accounts type group | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-03 | AA | accounts | Accounts with accounts type group | |
| 2021-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.