RIX MOTOR COMPANY LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
£8
-96.9% lowest in 3 filed years
Net assets
£5M
-1.9% lowest in 3 filed years
Employees
43
-10.4% lowest in 3 filed years
Profit before tax
£578K
-16.2% lowest in 3 filed years
Name history
Renamed 1 time since incorporation
- RIX MOTOR COMPANY LIMITED 1996-10-23 → present
- RIX AUTO'S LIMITED 1984-07-31 → 1996-10-23
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £41,580,529 | £36,688,965 | £30,932,201 | |
| Operating profit | — | — | — | — | £1,811,947 | £1,377,836 | £839,384 | |
| Profit before tax | — | — | — | — | £1,719,341 | £689,248 | £577,535 | |
| Net profit | — | — | — | — | £1,447,216 | £497,800 | £444,032 | |
| Cash | — | — | — | — | £1,015 | £254 | £8 | |
| Total assets less current liabilities | — | — | — | — | £7,598,604 | £7,334,192 | £7,005,953 | |
| Net assets | — | — | — | — | £5,258,687 | £5,178,987 | £5,080,019 | |
| Equity | £2,667,729 | £3,769,836 | £4,079,287 | £4,581,803 | £5,258,687 | £5,178,987 | £5,080,019 | |
| Average employees | — | — | — | — | 48 | 48 | 43 | |
| Wages | — | — | — | — | £2,260,150 | £2,171,180 | £2,010,503 |
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 | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.4% | 3.8% | 2.7% | |
| Net margin | — | — | — | — | 3.5% | 1.4% | 1.4% | |
| Return on capital employed | — | — | — | — | 23.8% | 18.8% | 12.0% | |
| Current ratio | — | — | — | — | — | 1.19x | 1.18x | |
| Interest cover | — | — | — | — | 19.57x | 7.33x | 3.21x |
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
- Bennett Verby 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 entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”
Significant events
- “In. February 2025, the company sold an investment property with a carrying value of £3,000,000 to a director/shareholder. The transaction accrued after the reporting date and is considered a non-adjusting event under FRS 102 Section 32. The sale was conducted at market value, and the transaction was concluded under normal market conditions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RIX, Jane | Secretary | — | — | British |
| RIX, Charles Jessie James | Director | 2018-08-13 | Mar 1989 | British |
| RIX, Henry Trevor | Director | 2018-08-13 | May 1990 | British |
| RIX, Reginald | Director | 2017-12-08 | May 1959 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RIX, Jane | Director | — | 2024-10-25 |
| RIX, Reginald Roy Jody | Director | — | 2017-12-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rix Motor Company Holdings Limited | Corporate entity | Shares 50–75%, Voting 25–50% | 2024-10-27 | Active |
| Mr Reginald Rix | Individual | Shares 25–50%, Voting 25–50% | 2016-05-31 | Active |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-31 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full | |
| 2023-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-19 | AA | accounts | Accounts with accounts type full | |
| 2022-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
-15.7%
£36,688,965 £30,932,201
lowest in 3 filed years
-
Cash
-96.9%
£254 £8
lowest in 3 filed years
-
Net assets
-1.9%
£5,178,987 £5,080,019
lowest in 3 filed years
-
Employees
-10.4%
48 43
lowest in 3 filed years
-
Operating profit
-39.1%
£1,377,836 £839,384
lowest in 3 filed years
-
Profit before tax
-16.2%
£689,248 £577,535
lowest in 3 filed years
-
Wages
-7.4%
£2,171,180 £2,010,503
lowest in 3 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