# OILY RAG CLASSICS LTD (10039678)

> OILY RAG CLASSICS LTD is an active private limited company (company number 10039678) incorporated on 3 March 2016, registered in Bude. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 31 March 2025, showing net assets of £16k and cash of £4,473, with 2 employees on average. Turnover was £82k and profit for the year £22k. Net assets rose 4% on the prior period (£15k).

- Status: Active
- Incorporated: 2016-03-03
- Registered office: Bude, EX23 9SQ
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £16k | £4,473 | £6,383 | — | £82k | £22k | 2 |
| 2024-03-31 | £15k | £5,818 | £1,121 | — | £85k | £11k | 2 |
| 2023-03-31 | — | — | — | — | — | — | — |

net margin 26.3%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £15,562 at 31 March 2025
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 3 March 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr David Philip Pearce — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mrs Susan Elizabeth Pearce — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10039678
HTML: https://firmoscan.com/company/10039678-oily-rag-classics-ltd