Rovco Limited

  • In Administration
  • Large
  • 10 years
  • 106 employees
  • £5,680,762 (cur assets)
  • £19,588,881 (revenue)
  • 15m-54m
  • Regular importer
  • Regular exporter
  • Virtual address
  • 7 directors
  • No owners
  • London
  • Rating 4.0 (7)

Field of Operation

Other professional, scientific and technical activities n.e.c.
74909 84345 companies

Website

Social media

Summary

Rovco Ltd from Bristol UK: a large company with an active status, was founded nine years ago and employs 106 people. It holds £5,680,762 in assets and generates £19,588,881 in yearly revenue, operating from a real address. Nine directors oversee the company, which has no listed owners, and enjoys a 4.0 Google rating based on seven reviews. Rovco is a regular importer and exporter of optical and medical tools and devices, with 29 months of import activity and 23 months of export activity.

Rovco Limited operates in the other professional, scientific and technical activities n.e.c. industries. It’s a sizable operation, meeting two of three conditions to be considered large: turnover exceeding £36 million and a balance sheet total exceeding £18 million, alongside having more than 250 employees. The company's current assets have decreased significantly, falling to £5.7 million, while net assets have also dropped. Interestingly, the company raised a total of £30 million in new funding through Convertible Loan Notes in H1 2024, and repaid an existing loan.

The company’s financial picture presents a mixed bag. While revenue remains strong at nearly £20 million, a sharp decline in cash reserves—dropping 87% to just £1.1 million—is noticeable. Bank overdrafts, however, have increased, and borrowing costs have risen, suggesting a need for more financing. The company’s trade debtors have increased, indicating potential delays in customer payments. The company’s liabilities have also increased, which could be a concern.

Despite these challenges, Rovco’s consistent import and export activity in the optical and medical device sector points to a stable core business. The company’s directors are Mac Intyre Robert Michael, Bromley John Alexander, Dempsey Kari Jacqueline, Gugen Francis Robert, and Johansson Kristine Marie Kvaloe. The company was incorporated on August 21, 6015. The company’s accounts are audited, and Bishop Fleming LLP is the auditor.

Registered in England/Wales under the registration number 09742877, with a registered address at EC4A 4AB, London, C/O Rsm Uk Restructuring Advisory Llp, 25 Farringdon Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Managers

  • 2 years
  • 1
Chief technology officer
  • 3 years
  • 2
Chairman
Investment manager
  • 3 years
  • 341
Secretary
  • 6 years
  • 3
Senior investment manager

Last reports

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

Last news

  1. Statement of affairs with form AM02SOA
  2. Administrator's progress report
  3. Result of meeting of creditors

Rovco Limited controls

Owns & Controls

  • 5 years
  • 75%+

Importer profile by HS codes

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Import HS codes in detail

Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

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Export HS codes in detail

Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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