RH Commercial Vehicles Ltd
Registered name: RH COMMERCIAL VEHICLES LTD
Part of The RH Group Ltd groupRH Commercial Vehicles Ltd made £74.1m revenue and £401k profit in the year to 31 Dec 2025.
RH Commercial Vehicles Ltd’s revenue grew 33% to £74.1m in the year to 31 Dec 2025, with £401k profit and 200 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Nottingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 46 yrs · since 1979
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £57.5m | £55.8m | £74.1m |
| Cost of sales | £49.5m | £47.3m | £64m |
| Gross profit | £8m | £8.5m | £10.2m |
| Operating profit | £1.3m | £970k | £1.7m |
| Profit before tax | £710k | −£205k | £690k |
| Profit after tax | £615k | −£431k | £401k |
| Profit (best available) | £615k | −£431k | £401k |
| Staff costs | £7.2m | £8.2m | £9.7m |
| Employees (average) | 158 | 171 | 200 |
| Ratios | |||
| Profit margin | 1.1% | −0.8% | 0.5% |
| Gross margin | 13.9% | 15.2% | 13.7% |
| Revenue per employee | £364k | £326k | £371k |
| Profit per employee | £3.9k | −£2.5k | £2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.9% | ▲32.9% |
| Profit growth | — | ▼170.1% | — |
| Headcount growth | — | ▲8.2% | ▲17% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2k | £0 | — |
| Net assets | £5.4m | £4.9m | £5.3m |
| Fixed assets | £4.6m | £6.7m | £7.3m |
| Current assets | £23.8m | £28.6m | £25.2m |
| Debtors | £3.8m | £7.8m | £4.1m |
| Deferred income | £1.1m | £1.1m | £414k |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.5%
- Profit ÷ revenue.
- Gross margin
- 13.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £371k
- Revenue ÷ average employees.
- Profit per employee
- £2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲8%
- Now £5.3m
- Cash at bank
- —
- Now —
- Headcount
- ▲17%
- Now 200
- Deferred income
- ▼61%
- Now £414k
- Fixed assets
- ▲10%
- Now £7.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- The RH Group Ltdultimate parent75–100%
- RH Commercial Vehicles Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- RH Rentals LtdRev. £8.8m · Profit £451k
Sister companies (2)
- RH Rentals LtdRev. £8.8m · Profit £451k
- RH Commercial Vehicle Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £401k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.