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Raxel Storage Systems Limited

01609509

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Unit 4 Ruston Road, Alma Park Industrial Estate, Grantham, NG31 9SW
Incorporated 26/01/1982

Previously known as

Melcon Storage Limited · until 28/01/1987

Compliance

Last accounts

31/01/2026

total exemption full

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Matthew Vincent Daniele

director · Since 25/01/2011

PROJECT/SALES ENGINEER

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Matthew Vincent Daniele

director · Since 25/01/2011

British · England · Age 47

Annemarie Daniele

secretary · Since 28/05/2026

Former

Rose Mary Howard

secretary · Resigned 30/09/1996

Peter John Howard

director · Resigned 18/10/2002

Rose Mary Howard

director · Resigned 18/10/2002

Michael George Fisher

director · Resigned 30/04/2003

John Stanley Williams

secretary · Resigned 27/09/2006

Adrian Reeve

director · Resigned 27/09/2006

John Stanley Williams

director · Resigned 27/02/2014

Linda Jean Fahy

secretary · Resigned 18/12/2024

Persons with Significant Control

Mr Matthew Vincent Daniele

Appoint directors

British · England · Age 47

Unit 4 Ruston Road, Alma Park Industrial Estate, Grantham, NG31 9SW

Notified 06/04/2016

Pocket Warehouse Holdings

75–100% shares

Unit 4 Ruston Road, Alma Park Industrial Estate, Grantham, NG31 9SW

Reg: 09678056 · Companies House Cardiff · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/10/2020Registered 21/10/2020

Change History

officer appointedDANIELE, Annemarie
2026-08-06
officer appointedDANIELE, Matthew Vincent
2026-08-06
statusactive
2026-08-06

Active

typeltd
2026-08-06

Private Limited Company

address line1Unit 4 Ruston Road
2026-08-06

UNIT 4 RUSTON ROAD

post townGrantham
2026-08-06

GRANTHAM

CompanyRankvs 612+ SIC 32990 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£982k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.1M

Current Liabilities

£498k

Fixed Assets

£104k

Debtors

£1.1M

11avg. employees

Tax at Year End

Corp tax£120k

Balance Sheet

Intangible assets£1k
Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.14+£281k
20243.97+£114k
20232.75

Derived from filed accounts. Not audited figures.