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Rateneed Limited

01808154

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

5 IMPERIAL COURT, LUTON, LU4 8FE
Incorporated 12/04/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Anil Kumar Premchand Shah

secretary · Since 08/06/1991

BRITISH · UNITED KINGDOM · Age 78

Also on 1 other board

Mr Anil Kumar Premchand Shah

director · Since 08/06/1991

RETAILER

BRITISH · ENGLAND · Age 78

Also on 1 other board

Mr Dipchand Premchand Shah

director · Since 15/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Mr Nimesh Chandrakant Shah

director · Since 15/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/06/2013Registered 23/10/2013
Charge
outstanding

BANK OF BORODA

Created 08/07/2013Registered 27/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 21/10/1993Registered 28/10/1993Satisfied 13/03/2013
charge
satisfied

MEGHRAJ AND SONS LIMITED

Created 13/11/1984Registered 16/11/1984Satisfied 13/02/1992
charge
satisfied

MEGHRAJ AND SONS LIMITED

Created 13/11/1984Registered 16/11/1984Satisfied 13/03/2013
charge
satisfied

BARCLAYS BANK PLC

Created 04/07/1984Registered 11/07/1984Satisfied 19/01/1993

CompanyRankvs 612+ SIC 47110 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength25/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£10.0M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£829k

Working capital

Current Assets

£6.1M

Current Liabilities

£5.3M

Fixed Assets

£10.0M

Debtors

£4.3M

25avg. employees+1

Balance Sheet

Assets less current liabilities£10.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16+£425k
20241.13+£1.3M
20231.72+£261k
20221.72+£127k
20211.77+£232k
20201.85+£255k
20191.84+£767k
20171.72

Derived from filed accounts. Not audited figures.