READY RENT A CAR (GRIMSBY) LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2027-01-29 (in 8mo)
Last made up 2026-01-15
Watchouts
Cash
£62K
+261.5% vs 2024
Net assets
£13M
-8.3% vs 2024
Employees
46
-13.2% vs 2024
Profit before tax
-£2M
-3,819.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Name history
Renamed 1 time since incorporation
- READY RENT A CAR (GRIMSBY) LIMITED 1987-11-24 → present
- GOSTART LIMITED 1987-10-13 → 1987-11-24
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-02-28
| Metric | Trend | 2019-02-28 | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £9,150,188 | £9,417,389 | |
| Operating profit | — | — | — | — | — | £1,085,734 | -£149,793 | |
| Profit before tax | — | — | — | — | — | -£39,109 | -£1,532,740 | |
| Net profit | — | — | — | — | — | -£44,190 | -£1,189,581 | |
| Cash | — | — | — | — | — | £17,252 | £62,367 | |
| Total assets less current liabilities | — | — | — | — | — | £23,356,645 | £22,871,638 | |
| Net assets | — | — | — | — | — | £14,247,756 | £13,058,175 | |
| Equity | — | — | — | — | — | £14,247,756 | £13,058,175 | |
| Average employees | — | — | — | — | — | 53 | 46 | |
| Wages | — | — | — | — | — | £1,237,287 | £1,358,555 |
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 | 2019-02-28 | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 11.9% | -1.6% | |
| Net margin | — | — | — | — | — | -0.5% | -12.6% | |
| Return on capital employed | — | — | — | — | — | 4.6% | -0.7% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 53.8% | 57.7% | |
| Current ratio | — | — | — | — | — | 0.23x | 0.34x | |
| Interest cover | — | — | — | — | — | 0.97x | -0.11x |
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
- Forrester Boyd Robson Limited
- Audit opinion
- Qualified
- 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 original financial statements were authorised for issue.”
Significant events
- “Turnover for the year rose by 3% which is a strong result and reflects good activity levels alongside a rise in rental prices in line with competitors and other market factors.”
- “The main reason for the downturn in results during the financial year is the loss on sale of vehicles of nearly £1.2m.”
- “The directors have commenced legal proceedings against the parties involved and are confident of recovering the amounts due.”
- “Post year end trading has been positive with the 6 months results to August suggesting a much improved result for 2026 and the directors are confident of a return to profitability in the near future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAMLEY, David Alan | Secretary | — | — | British |
| CHAMLEY, David Alan | Director | — | Mar 1945 | British |
| CHAMLEY, Elaine | Director | — | Aug 1953 | British |
| CHAMLEY, Nicky David | Director | 2007-04-06 | Nov 1974 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Alan Chamley | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 280 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-23 | AA | accounts | Accounts with accounts type full | |
| 2026-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full |
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 2025-02-28 vs 2024-02-29
-
Turnover
+2.9%
£9,150,188 £9,417,389
-
Cash
+261.5%
£17,252 £62,367
-
Net assets
-8.3%
£14,247,756 £13,058,175
-
Employees
-13.2%
53 46
-
Operating profit
-113.8%
£1,085,734 -£149,793
-
Profit before tax
-3,819.1%
-£39,109 -£1,532,740
-
Wages
+9.8%
£1,237,287 £1,358,555
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