Rossetts (uk) Limited

  • Large
  • Holding
  • Active
  • 16 years
  • 170 employees
  • £17,505,978 (assets)
  • £57,429,897 (revenue)
  • Real address
  • 5 directors
  • 1 owner
  • Irregular importer
  • Irregular exporter
  • Rating 4.0 (128)

Field of Operation

Sale of other motor vehicles
45190 7261 companies
Maintenance and repair of motor vehicles
45200 57600 companies
Retail trade of motor vehicle parts and accessories
45320 14004 companies

Website

Social media

Phones

Summary

Rossetts Commercials, based in Aldershot, UK, is a Mercedes-Benz van dealership operating across Sussex and Surrey. Employing around 170 people, the company holds significant assets, with total assets reaching £41 million. The business, audited by ASM (B) Ltd, provides sales, service, and parts for Mercedes-Benz commercial vehicles, catering to businesses of all sizes. It's a one-stop shop for van needs, offering everything from new and used vehicles to maintenance and finance options.

Rossetts Commercials operates through multiple locations: Aldershot, Crawley, Eastbourne, Worthing, and Rossetts TPS. The website prominently features a range of new and used vans, including electric models, and highlights special offers like savings on services and discounts on electric vans—up to £4,800 off. It also offers a wide range of services, including repairs, maintenance, and warranty support. The site is clearly designed for ecommerce, allowing customers to browse inventory, request test drives, and even explore finance options.

Financially, Rossetts Commercials shows a mixed picture. Turnover increased by 18%, reaching £57 million, a positive sign of growing business. However, net losses deepened to -£2.1 million, a significant downturn. Bank borrowings increased by 67%, reaching £3.5 million, and cash reserves rose by 28%, reaching £9.2 million. Creditors decreased by 6.6%, suggesting improved debt management. The company’s equity grew substantially, increasing by 130% to £10 million. While the increased turnover is encouraging, the deeper losses and higher borrowings indicate potential financial pressures. The company’s ability to manage these pressures will be crucial for its long-term success. It’s worth noting that the company’s accounts are unaudited, so the figures rely on management’s reporting.

Registered in England/Wales under the registration number 06689316, with a registered address at BN11 2RU, Worthing, West Sussex, Meadow Road Industrial Estate, Meadow Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.

Owners & PSC

  • Inspired Business Investments
  • 9 years
  • 2
  • 75%+

Managers

  • Wheeler Richard
  • 1 year
  • 1
Dealer principal
  • Solomon Wayne
  • 8 years
Secretary
  • Mckeating Pauline Marie
  • 15 years
  • 9
Accountant
  • Mckibbin Leslie Neil
  • 16 years
  • 4
Director
  • Mckeating Pauline Marie
  • 16 years
  • 6
Secretary

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2024-09-04 with no updates
  2. Cessation of Leslie Neil Mckibbin as a person with significant control on 2023-03-15
  3. Full accounts made up to 2023-12-31

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