RICHARD HARDIE LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-04-02 (in 11mo)
Last made up 2026-03-19
Watchouts
None on the register
Cash
£185K
+109.1% vs 2024
Net assets
£2M
-15.1% lowest in 6 filed years
Employees
34
0% vs 2024
Profit before tax
-£130K
+90.1% vs 2024
Name history
Renamed 1 time since incorporation
- RICHARD HARDIE LIMITED 2001-06-26 → present
- RICHARD HARDIE (COACHES) LIMITED 1972-05-24 → 2001-06-26
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2025-06-30
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £35,853,386 | £25,730,941 | — | — | — | £62,298,963 | £21,432,457 | |
| Operating profit | — | -£692,812 | -£80,743 | — | — | — | -£1,301,288 | -£22,011 | |
| Profit before tax | — | -£557,266 | -£87,252 | — | £283,277 | — | -£1,314,710 | -£130,333 | |
| Net profit | — | -£450,013 | -£61,106 | — | £158,302 | — | -£986,032 | -£383,476 | |
| Cash | £1,720 | £850 | £496,585 | £74,624 | £555 | -£212,668 | £88,530 | £185,094 | |
| Total assets less current liabilities | £4,624,383 | £2,670,830 | £2,775,915 | — | £3,146,751 | — | £2,680,997 | £2,338,181 | |
| Net assets | £3,502,789 | £2,591,776 | £2,530,670 | — | £2,806,889 | — | £2,541,497 | £2,158,021 | |
| Equity | — | — | £2,530,670 | £2,723,587 | £2,806,889 | £2,806,889 | £2,541,497 | £2,158,021 | |
| Average employees | — | 93 | 66 | — | 58 | — | 34 | 34 | |
| Wages | — | £2,283,684 | £2,037,613 | — | £2,132,707 | — | £3,211,487 | £1,102,796 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -1.9% | -0.3% | — | — | — | -2.1% | -0.1% | |
| Net margin | — | -1.3% | -0.2% | — | — | — | -1.6% | -1.8% | |
| Return on capital employed | — | -25.9% | -2.9% | — | — | — | -48.5% | -0.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | 75.5% | 77.5% | |
| Current ratio | — | — | — | — | — | — | 0.94x | 0.89x | |
| Interest cover | — | -36.40x | -12.40x | — | — | — | -64.02x | -0.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Group structure
- RICHARD HARDIE LIMITED · parent
- Hailsham LLC 100%
Significant events
- “Reduced demand for retail new and used cars in a subdued retail economy, partly due to the high tax strategy being implemented by the government.”
- “Continued underperformance of the Fiat and Abarth brands due to failure by the brands to introduce new products to the market.”
- “Increased labour costs due to increases in National Minimum Wage and Employers' National Insurance Contributions.”
- “Failure of the new car retail market to progress demand for electric cars at the rate required by the UK Zero Emission Vehicle mandate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARDIE, Bernadette | Director | 1995-04-01 | Oct 1949 | British |
| HARDIE, Nicholas Richard | Director | 2006-09-24 | Sep 1976 | British |
| HARDIE, Richard Philip | Director | — | Nov 1951 | British |
| LUKE, Rachel | Director | 2017-03-10 | May 1982 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, John Carruthers | Secretary | — | 2015-03-27 |
| ANDERSON, John Carruthers | Director | — | 2015-03-27 |
| WILKINSON, Frederick | Director | 1992-01-06 | 1992-08-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Philip Hardie | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr Nicholas Richard Hardie | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | AA | accounts | Accounts with accounts type full | |
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-19 | CH01 | officers | Change person director company with change date | |
| 2024-08-19 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-06-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-20 | CH01 | officers | Change person director company with change date | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-07 | CH01 | officers | Change person director company with change date | |
| 2024-05-07 | CH01 | officers | Change person director company with change date | |
| 2024-05-07 | CH01 | officers | Change person director company with change date | |
| 2024-05-07 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-07 | CH01 | officers | Change person director company with change date | |
| 2024-05-07 | CH01 | officers | Change person director company with change date |
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-65.6%
£62,298,963 £21,432,457
lowest in 4 filed years
-
Cash
+109.1%
£88,530 £185,094
-
Net assets
-15.1%
£2,541,497 £2,158,021
lowest in 6 filed years
-
Employees
0%
34 34
-
Operating profit
+98.3%
-£1,301,288 -£22,011
highest in 4 filed years
-
Profit before tax
+90.1%
-£1,314,710 -£130,333
-
Wages
-65.7%
£3,211,487 £1,102,796
lowest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers