RECTELLA LIMITED

5 DEANSWAY, WORCESTER, WORCESTERSHIRE, WR1 2JG

Company Number: 00430344
Incorporation date: 27-Feb-1947
Status: Active
Entity type: Private Limited Company

SIC codes:
47510 Retail sale of textiles in specialised stores
70100 Activities of head offices

SUMMARY

This company is 77.2 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -505.3 thousand which has worsened since the previous year's figure of GBP 473.3 thousand. The latest reported revenue figure is GBP 17.7 million which is similar to the previous year's figure of GBP 17.4 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -2.2 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 10 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Jan-2025
Accounts Filed: FULL (30-Apr-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Net Profit GBP
30-Apr-2023	GBP	17,661,007	-937,875	471	41,176	-978,580
30-Apr-2022	GBP	17,362,191	303,368		15,143	288,225
30-Apr-2021	GBP	4,254,895	-121,905		4,475	-126,380
31-Oct-2020	GBP	30,798,192	-2,739,350			-2,739,350
30-Apr-2019	GBP	24,555,082	-444,979		7,824	-452,803
30-Apr-2018	GBP	30,724,974	108,063		-13,077	95,195
30-Apr-2017	GBP	25,999,650	425,542		20,907	404,811

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Apr-2023	GBP	403,996	3,825,270	4,323,472	278,091	2	1,575,884	-2,199,260	-505,253
30-Apr-2022	GBP	232,287	4,215,433	3,882,907	162,960	2	1,575,884	-1,220,680	473,327
30-Apr-2021	GBP	397,946	3,978,860	4,695,186		2	1,575,884	-1,508,905	185,102
31-Oct-2020	GBP	1,093,935	4,361,701	5,015,833		2	1,575,884	-1,382,525	311,482
30-Apr-2019	GBP	1,320,238	8,820,846	5,645,814		118,122	1,575,884	2,879,327	4,573,333
30-Apr-2018	GBP	1,481,397	8,835,304	-5,708,386		118,122	1,575,884	3,332,130	5,026,136
30-Apr-2017	GBP	1,403,182		6,956,905		118,122	1,575,884	2,975,127	4,669,133

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Oct-2020	GBP	-5,906,000.00%	-118,120	118,122	2	-1,148,025

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Nationality	All apointments (active/resigned)
Resigned	Anne Felicity Dawn GREIBACH	13 Oct 2000	06 Dec 2017	British	0 - 4
Resigned	Richard Anthony Paul JOYNSON	19 Apr 1999	13 Oct 2000	British	0 - 4
Resigned	Christine Ann BLACKFORD	20 Oct 1995	19 Apr 1999	British	7 - 18
Resigned	George Thomas BROOKES		20 Oct 1995	British	0 - 12

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Graeme Iain MONCE	21 Feb 2024		Director	British	9 - 3	0 (0.0%)
Active	Stephen EDWARDS	17 Dec 2020		Finance Director	British	3 - 3	1 (16.7%)
Active	Kevin MOULSDALE	18 Jun 2020		Director	British	3 - 3	1 (16.7%)
Resigned	Andrew Guy DAVIS	01 Jun 2014	31 Dec 2017	Commercial Finance Director	British	2 - 3	1 (20.0%)
Resigned	Kathryn Margaret SPENCER	01 Nov 2010	18 Dec 2013	Finance Director	British	1 - 11	6 (50.0%)
Resigned	Simon George GREENHALGH	02 May 2006	31 Jul 2008	Finance Director	British	1 - 29	14 (46.7%)
Resigned	Anthony Wilfrid GRAHAM	01 May 2004	30 Nov 2019	Sales Director	British	3 - 1	0 (0.0%)
Resigned	Peter Anthony BOLTON	08 Oct 2002	01 Jun 2014	Management Executive	British	0 - 5	0 (0.0%)
Resigned	George Thomas BROOKES		20 Oct 1995	Accountant	British	0 - 12	1 (8.3%)
Resigned	Francis Howard GREIBACH		06 Dec 2017	Company Director	British	0 - 9	3 (33.3%)
Resigned	Charles Frederic GREIBACH		18 Jun 2020	Company Director	British	3 - 6	2 (22.2%)
Resigned	Juliusz GREIBACH		16 May 1997	Company Director	British	0 - 5	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 2.4 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 11.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Graeme Iain MONCE	Stephen EDWARDS	Kevin MOULSDALE
HOME CURTAINS & BEDDING LIMITED (00268911) - Active		✔	✔
RECTELLA LIMITED (00430344) - Active	✔	✔	✔
RICHMOND 2002 LIMITED (00645748) - Active		✔	✔
HOME WAREHOUSE LIMITED (01330702) - Active		✔	✔
HAMILTON BOND LIMITED (05116345) - Active	✔
HAMILTON BOND GROUP LIMITED (07465612) - Active	✔
HC 1345 LIMITED (11041379) - Active - Proposal to Strike off		✔	✔
RECTELLA PROPERTY LIMITED (12690161) - Active		✔	✔
MONCE SOLUTIONS PROPERTY LIMITED (13165077) - Active	✔
MONCE SOLUTIONS GROUP LTD (13205358) - Active	✔
KIGHT GROUP LIMITED (14784897) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-09-14	2018-09-14	2015-09-14	2014-09-14	2013-09-14
JULIAN CHARLES GROUP LIMITED	ORDINARY SHARES	1 50%	0 0%	0 0%	0 0%	0 0%
JULIAN CHARLES GROUP LIMITED	Z SHARES	1 50%	0 0%	0 0%	0 0%	0 0%
JULIAN CHARLES GROUP LIMITED	F SHARES	0 0%	59,061 50%	0 0%	0 0%	0 0%
JULIAN CHARLES GROUP LIMITED	C SHARES	0 0%	59,061 50%	0 0%	0 0%	0 0%
CHARLES FREDRIC GREIBACH	C SHARES	0 0%	0 0%	47,249 40.0%	0 0%	0 0%
FRANCIS HOWARD GREIBACH	F SHARES	0 0%	0 0%	35,437 30.0%	0 0%	0 0%
JOSHUA GREIBACH	F SHARES	0 0%	0 0%	11,812 10.00%	0 0%	0 0%
VIVIENNE GREIBACH	C SHARES	0 0%	0 0%	11,812 10.00%	0 0%	0 0%
ANNE FELICITY GREIBACH	F SHARES	0 0%	0 0%	11,812 10.00%	0 0%	0 0%
CHARLES FREDRIC GREIBACH	ORDINARY	0 0%	0 0%	0 0%	59,061 50%	59,061 50%
FRANCIS HOWARD GREIBACH	ORDINARY	0 0%	0 0%	0 0%	54,561 46.2%	54,561 46.2%
JOHN ROSENHEIM	ORDINARY	0 0%	0 0%	0 0%	4,500 3.81%	0 0%
CHARLES FREDRIC GREIBACH	ORDINARY	0 0%	0 0%	0 0%	0 0%	4,500 3.81%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Charles Frederic Greibach - ceased
- >75%:Charles Frederic Greibach - ceased
- >75%:Mr Charles Frederic Greibach - ceased
- - >75%:Mr Christopher Ian Althorp-Gormlay - active
  >75%:Skg Capital Nominees Limited (11258475 - United Kingdom) active
>75%:Julian Charles Group Limited (11041379 - United Kingdom) ceased
25-50%:Mr Charles Frederic Greibach - ceased
25-50%:Mr Francis Howard Greibach - ceased
- >75%:Mr Christopher Ian Althorp-Gormlay - active
>75%:Skg Capital Gp Limited (12532210 - United Kingdom) active
- >75%:Mr Christopher Ian Althorp-Gormlay - active
25-50%:Skg Capital Nominees Limited (11258475 - United Kingdom) ceased

Controlling entities above

RECTELLA LIMITED

Controlled companies below

>75%:HOME CURTAINS & BEDDING LIMITED (00268911 - UK) active
>75%:HOME WAREHOUSE LIMITED (01330702 - UK) active
>75%:RICHMOND 2002 LIMITED (00645748 - UK) active
>75%:RECTELLA PROPERTY LIMITED (12690161 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Dispensing a length of material from a stock roll	1979-11-08	Terminated	GB2064475

COMPETITORS

(Based on Sic code: 47510 Retail sale of textiles in specialised stores)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
DUNELM (SOFT FURNISHINGS) LTD	DUNELM STORE SUPPORT CENTRE WATERMEAD BUSINESS PARK, SYSTON, LEICESTER, LEICESTERSHIRE, LE7 1AD	02129238	2018-06-30	1,050,100,000	72,200,000	47910-Retail sale via mail order houses or via Internet
LAURA ASHLEY LIMITED	FRP ADVISORY TRADING LIMITED, 2ND FLOOR, 110, LONDON, EC4N 6EU	00531301	2018-06-30	243,354,000	829,000	47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 47710-Retail sale of clothing in specialised stores 47910-Retail sale via mail order houses or via Internet
THE WHITE COMPANY (U.K.) LIMITED	2 TELEVISION CENTRE, 101 WOOD LANE, LONDON, ENGLAND, W12 7FR	02998082	2018-03-31	205,308,000	8,905,000	47710-Retail sale of clothing in specialised stores 47750-Retail sale of cosmetic and toilet articles in specialised stores 47910-Retail sale via mail order houses or via Internet
BEDECK LIMITED	189 LURGAN ROAD, MARALIN, CRAIGAVON, CO ARMAGH, BT67 0QS	NI023062	2017-09-30	35,243,722	-176,837
LIBRA TEXTILES LIMITED	BOUNDARY MILL STORES HEAD OFFICE, VIVARY WAY, COLNE, LANCASHIRE, BB8 9NW	01000964	2018-01-31	31,888,859	2,475,151	47710-Retail sale of clothing in specialised stores 47721-Retail sale of footwear in specialised stores
MAPLE TEXTILES LTD	42 HIGH STREET WEST, WALLSEND, TYNE AND WEAR, ENGLAND, NE28 8HX	09422724	2018-03-31	903,442	0
AMBITION BLINDS LIMITED	30 ST. IVES WAY, LIVERPOOL, ENGLAND, L26 7YW	09219749	2017-09-30	714,389	0
ASHAKI (UK) LIMITED	THE LINEN CHEST, 144A HIGH STREET, RUISLIP, MIDDLESEX, HA4 8LJ	03654334	2018-03-31	603,653	0
WELLS CARPET BROKERS LIMITED	CASTLE HILL, AXMINSTER, DEVON, EX13 5PY	04777316	2018-09-30	556,413	0
CREATIVE CURTAINS AND BLINDS (SUSSEX) LIMITED	9 NORTH STREET, HAILSHAM, EAST SUSSEX, ENGLAND, BN27 1DQ	09492099	2018-06-30	404,216	0
GUY GOODFELLOW COLLECTION LIMITED	13 LANGTON STREET, LONDON, SW10 0JL	06656474	2018-07-31	394,840	0
FIT-EX LIMITED	6 CRADDOCKS PARADE, ASHTEAD, SURREY, KT21 1QL	05126751	2018-04-30	381,354	0
HANDWEAVERS LIMITED	116 RINGWOOD ROAD, RINGWOOD ROAD, VERWOOD, DORSET, ENGLAND, BH31 7AW	06803354	2018-03-31	379,528	0
HERITAGE CARPET & FLOORING LIMITED	422 GOWER ROAD, KILLAY, SWANSEA, SA2 7AJ	05537555	2017-08-31	298,820	0
VILLAGE FABRICS LIMITED	20 UNITS 20/22 STOCKWOOD BUSINESS PARK, INKBERROW, REDDITCH, ENGLAND, B96 6SX	04333345	2018-01-31	259,814	0	47820-Retail sale via stalls and markets of textiles, clothing and footwear
ELLSTRAD BLINDS LIMITED	1A TAYLOR BUILDINGS, CLOUGH STREET, STOKE-ON-TRENT, ENGLAND, ST1 4BA	04956147	2018-03-31	196,384	0
YORKSHIRE RUNNER LIMITED	6 CRAIGLANDS PARK, ILKLEY, ENGLAND, LS29 8SX	09684266	2018-07-31	172,471	0
G & H SOFT FURNISHINGS LTD	UNIT 51 SILK MILL BUSINESS PARK, BROOK STREET, TRING, ENGLAND, HP23 5EF	05285416	2017-12-31	144,112	0
BUNDLEBEAN LTD	C/O BEVAN BUCKLAND LLP GROUND FLOOR, CARDIGAN HOUSE, CASTLE COURT, SWANSEA ENTERPRISE PARK, SWANSEA, WALES, SA7 9LA	06914925	2018-05-31	141,003	0	47910-Retail sale via mail order houses or via Internet
I KNIT LTD	106 LOWER MARSH, LONDON, SE1 7AB	08858521	2018-03-31	125,076	0
DIVER ENTERPRISES LIMITED	792 WICKHAM ROAD, CROYDON, SURREY, ENGLAND, CR0 8EA	09515801	2019-03-31	96,340	0
AL HIKMA LIMITED	61 BRICK LANE, LONDON, E1 6QL	07626251	2018-09-30	94,444	0
GIRL CHARLEE UK LIMITED	10 STRETCHER DRIVE, HERMITAGE, THATCHAM, BERKSHIRE, UNITED KINGDOM, RG18 9WQ	09424449	2018-06-30	93,610	0
SEW MUCH FUN LIMITED	FLAT 34 DARWIN COURT, GLOUCESTER AVENUE, LONDON, ENGLAND, NW1 7BG	09247957	2018-08-31	80,971	0
DOMINO CRAFTS LTD	2 CLEVELAND STREET, WOLVERHAMPTON, ENGLAND, WV1 3HL	08988036	2018-04-30	80,824	0
FUSION (DEEPING) LTD.	3 HIGH STREET, MARKET DEEPING, PETERBOROUGH, CAMBRIDGESHIRE, PE6 8ED	07568935	2018-03-31	52,206	0
PROPER CLOBBER LTD	COOKNEY LODGE, COOKNEY NETHERLEY, STONEHAVEN, AB39 3SA	SC338370	2018-02-28	46,279	0	47910-Retail sale via mail order houses or via Internet
CORNERSTONE TEXTILES & ACCESSORIES LTD	3A DERBY ROAD, GRAYS, ESSEX, ENGLAND, RM17 6QD	10111214	2018-04-30	42,447	0
THE WOOL STOP LIMITED	15 THE PLAIN, THORNBURY, BRISTOL, ENGLAND, BS35 2BD	09729667	2019-07-31	38,242	0
BALKSBURY CREATIVE CLOTHING LIMITED	3 SYCAMORE AVENUE, WOODFORD HALSE, DAVENTRY, NORTHAMPTONSHIRE, ENGLAND, NN11 3ST	04000788	2018-12-31	32,883	0
BALTIC TEXTILE LIMITED	34 HARVEST CLOSE, WINCHESTER, HAMPSHIRE, SO22 4DW	08404786	2019-02-28	13,700	0	47710-Retail sale of clothing in specialised stores
THE CONTEMPORARY SEWING COMPANY LIMITED	34 DARWIN COURT, GLOUCESTER AVENUE, LONDON, ENGLAND, NW1 7BG	03986219	2018-08-31	13,477	0
ALL STITCHED UP CRAFTING LTD	1 COURT STREET, FAVERSHAM, ENGLAND, ME13 7AN	10620563	2018-02-28	11,584	0
UNIQUE TEXTILES TAILORING AND ALTERATION SERVICES LTD	7 ALDERSFORD CLOSE, LONDON, UNITED KINGDOM, SE4 2AE	10575677	2019-01-31	8,000	0
BIRD BRAIN LONDON LTD	21B CAMAC ROAD, TWICKENHAM, TW2 6NY	09366115	2017-12-31	5,217	0
FAST EMBROIDERY DESIGNS LIMITED	THE OFFICES, 161, MANCHESTER ROAD, ACCRINGTON, ENGLAND, BB5 2NY	09489612	2018-03-31	1,450	0
THE INDIAN COLLECTION LIMITED	WRIGHTS BARN MIDGHAM GREEN, MIDGHAM, READING, ENGLAND, RG7 5TT	02594784	2018-06-30	473	0
MONIQ LIMITED	KEMP HOUSE, 160 CITY ROAD, LONDON, UNITED KINGDOM, EC1V 2NX	10160137	2018-05-31	25	0
DOLOUBE LTD	33 HELSTON ROAD, NORMANTON, UNITED KINGDOM, WF6 2EA	10945897	2018-09-30	23	0	47910-Retail sale via mail order houses or via Internet 90030-Artistic creation

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
RECTELLA LIMITED	1.0%	3.6%	7.1%	Medium
Other companies Active in the same sector	0.2%	3.6%	7.7%	Medium


Age	0.4%	1.4%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	1.8%	3.8%	7.0%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium