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R.A. Racey (Gt. Yarmouth) Limited

01207510

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 CASTELL CLOSE, SWANSEA, SA7 9FH
Incorporated 14/04/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods

Officers

Mr Christopher Stephen Racey

director · Since 20/05/1977

COMPANY DIRECTOR

BRITISH · WALES · Age 68

Also on 30 other boards

Mrs Jacqueline Mary Racey

secretary · Since 06/12/2004

RETAIL MANAGER

BRITISH · WALES · Age 71

Also on 17 other boards

Mrs Jacqueline Mary Racey

director · Since 06/12/2004

RETAIL MANAGER

BRITISH · WALES · Age 71

Also on 17 other boards

Persons with Significant Control

Mrs Jacqueline Mary Racey

75–100% shares

British · Wales · Age 71

Unit 4, Castell Close, Swansea, SA7 9FH

Notified 30/11/2018

Former PSCs

Mr Christopher Stephen Racey

Ceased 30/11/2018

Charges1 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 07/02/2018Registered 12/02/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/08/1993Registered 21/08/1993Satisfied 24/02/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 22/11/1985Registered 30/11/1985Satisfied 21/04/1994

CompanyRankvs 1421+ SIC 46460 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£516k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£3k

Current Liabilities

£9k

2avg. employees

Tax at Year End(2019)

Corp tax£992

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£280
20230.31-£1k
2022-£185k
2021-£1k
20200.69+£140
20190.42-£4k
20181.07-£457k
20171.04

Derived from filed accounts. Not audited figures.