R.t.rate Limited
Registered name: R.T.RATE LIMITED
Part of Ratesford Store Limited groupR.t.rate Limited made £73.5m revenue and £36.7k profit in the year to 31 Dec 2025.
R.t.rate Limited’s revenue fell 1% to £73.5m in the year to 31 Dec 2025, with £36.7k profit and 70 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Grays; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grays, London
- Age
- 71 yrs · since 1955
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £89.5m | £88.9m | £74m | £73.5m |
| Cost of sales | £85.6m | £87.2m | £73m | £71.2m |
| Gross profit | £3.9m | £1.7m | £1.1m | £2.3m |
| Operating profit | £1.5m | −£520k | −£1.3m | £88.1k |
| Profit before tax | £1.5m | −£608k | −£1.4m | £39.3k |
| Profit after tax | £1.2m | −£527k | −£1.3m | £36.7k |
| Profit (best available) | £1.2m | −£527k | −£1.3m | £36.7k |
| Staff costs | £3.8m | £3.7m | £3.7m | £3.7m |
| Employees (average) | 82 | 70 | 75 | 70 |
| Ratios | ||||
| Profit margin | 1.3% | −0.6% | −1.7% | 0.1% |
| Gross margin | 4.4% | 1.9% | 1.4% | 3.1% |
| Revenue per employee | £1.1m | £1.3m | £987k | £1m |
| Profit per employee | £14.1k | −£7.5k | −£16.7k | £524 |
| Cash conversion | −0.4% | — | — | −491% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.7% | ▼16.8% | ▼0.7% |
| Profit growth | — | ▼145.6% | — | — |
| Headcount growth | — | ▼14.6% | ▲7.1% | ▼6.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £184k | £46.4k | £45.5k | £13.8k |
| Net assets | £8.1m | £7.3m | £5.9m | £5.8m |
| Fixed assets | £4m | £4m | £3.8m | £4m |
| Current assets | £10m | £11m | £10.8m | £8.4m |
| Debtors | £1.6m | £1.7m | £1.1m | £1.6m |
| Cash from operations | −£5.9k | −£261k | −£835k | −£432k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 3.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1m
- Revenue ÷ average employees.
- Profit per employee
- £524
- Profit ÷ average employees.
- Cash conversion
- −491%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼3%
- Now £5.8m
- Cash at bank
- ▼70%
- Now £13.8k
- Headcount
- ▼7%
- Now 70
- Deferred income
- —
- Now —
- Fixed assets
- ▲7%
- Now £4m
Group structure
Ownership chain
- Ratesford Store Limitedultimate parent75–100%
- R.t.rate Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Rates Fast Lane LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- N K Motors LimitedDerbyshire · Sale of new cars and light motor vehicles
- Revenue
- £73.2m
- Profit
- £46.7k
- Staff
- 98
- Humming Bird Motors LimitedColindale · Sale of new cars and light motor vehicles
- Revenue
- £74.7m
- Profit
- £1.3m
- Staff
- 67
- Wellington Motors LimitedChelston Business Park · Sale of new cars and light motor vehicles
- Revenue
- £71.8m
- Profit
- £1.3m
- Staff
- 136
- Dick Lovett (Bath) LimitedSwindon · Sale of new cars and light motor vehicles
- Revenue
- £75.3m
- Profit
- £369k
- Staff
- 98
- Lipscomb Cars LimitedMaidstone · Sale of new cars and light motor vehicles
- Revenue
- £71.7m
- Profit
- £508k
- Staff
- 113
- Roadside Motors LimitedCraigavon · Sale of new cars and light motor vehicles
- Revenue
- £71.6m
- Profit
- £38.8k
- Staff
- 125
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £36.7k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.