The Firmwatch take
Rgm Motor Services Ltd is a 7-year-old automotive trade, subject to strike-off action. The latest filed accounts (year to 26 September 2024) show £26k in net assets, with 3 cautionary signals worth monitoring. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
30 March 2019
7 years on the register
Sector
Maintenance and repair of motor vehicles
SIC 45200
Size
Not classified
Net assets
£26k
£26,420
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
36/100
watch risk
Estimated public-data value
£19,815 - £35,667
medium confidence - net asset range
Sector comparison
Sector: Automotive Trade
Sample: 385 companies
Negative net assets: 25.7%
- Net assets vs sector median
- £25,613
- Working capital vs sector median
- -£6,476
- Sector median current ratio
- 0.96
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£52,964
Current liabilities
Amounts due within one year (short-term creditors).
£57,198
Working capital
Current assets minus current liabilities.
-£4,234
Fixed assets
Long-term tangible and intangible assets.
£35,654
Total assets less current liabilities
Fixed assets plus working capital.
£31,420
Net assets
What's left after liabilities are deducted from assets.
£26,420
Equity (capital & reserves)
Shareholder funds.
£1
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.