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Refax Systems Limited

02213433

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

7 FAIRWAY, ORPINGTON, BR5 1EF
Incorporated 25/01/1988

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Daphne Helen Yee

secretary · Since 04/10/1991

BRITISH

Mr Son Yee

director · Since 04/10/1991

OFFICE ENGINEER

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mr Son Yee

75–100% shares

British · England · Age 70

7 Fairway, Petts Wood, Orpington, BR5 1EF

Notified 06/04/2016

CompanyRankvs 736+ SIC 47410 peers
49

Financial strength52th percentile among SIC peers · 13/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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736Refax Systems Limited
59
How is this score calculated?
Financial strength13/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

0 13,793 21,511 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 £ £ Trade creditors 3,761 9,878 Taxation and social security 6,675 7,105 Other creditors 231,525 206,122 241,961 223,105 8. GOING CONCERN AND FINANCIAL SUPPORT The company's ability to continue as a going concern is dependent upon the continued support of the company's director, bankers and other lenders. The director has

Key FinancialsYear ending 31/05/2025

Net Worth

£1k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£205k

Working capital

Current Assets

£37k

Current Liabilities

£242k

Fixed Assets

£2k

Debtors

£14k

6avg. employees-1

Balance Sheet

Assets less current liabilities-£203k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.15
20240.22
20230.24
20220.35
20210.55
20200.30
20180.50

Derived from filed accounts. Not audited figures.