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Rainbow Electrical Contracting Limited

01299230

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ARTISANS HOUSE, 7 QUEENSBRIDGE, NORTHAMPTONSHIRE, NN4 7BF
Incorporated 18/02/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Trevor York

director · Since 22/03/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mrs Helen York

director · Since 15/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Rainbow Xyz Limited

75–100% shares
75–100% votes
Appoint directors

Artisans' House, 7 Queensbridge, Northampton, NN4 7BF

Reg: 10348137 · Companies House · Limited Company

Notified 28/03/2017

Former PSCs

Mr Ian Edwin Edwards

Ceased 28/03/2017

Mrs Cecelia Thresia Edwards

Ceased 28/03/2017

Mr Trevor York

Ceased 28/03/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 01/12/2016Registered 06/12/2016
Charge
outstanding

LLOYDS BANK PLC

Created 23/09/2016Registered 28/09/2016

CompanyRankvs 6252+ SIC 43210 peers
52

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Theses financial statements have therefore been prepared on a going concern basis. 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was 3 (2024 - 3 ) . Page 5 RAINBOW ELECTRICAL CONTRACTING LIMITED (REGISTERED NUMBER: 01299230) Notes to the Financia

Key FinancialsYear ending 31/03/2025

Net Worth

£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£310k

Current Liabilities

£279k

Fixed Assets

£37k

Debtors

£307k

3avg. employees

Balance Sheet

Assets less current liabilities£67k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.11+£2k
20241.18+£4k
20231.27+£8k
20221.37+£18k
20211.17+£1k
20200.99+£3k
20190.98-£214k
20171.68

Derived from filed accounts. Not audited figures.