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Rac Developments Limited

02280148

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ROSECRADDOC HOLIDAY VILLAGE, LISKEARD, PL14 5BU
Incorporated 26/07/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55209
Other holiday and short-stay accommodation

Officers

Mrs Anne Shute

director · Since 28/12/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Alexandra Elizabeth Rachel Shute

secretary · Since 20/03/2007

SECRETARY

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mr Clive Stuart Shute

director · Since 20/03/2007

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Clive Stuart Shute

75–100% shares

British · England · Age 50

Ashlea, Rosecraddoc Bungalow Estate, Liskeard, PL14 5BU

Notified 06/04/2016

CompanyRankvs 277+ SIC 55209 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£2.6M

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£220k

Working capital

Current Assets

£797k

Current Liabilities

£577k

Fixed Assets

£2.4M

Debtors

£761k

2avg. employees

Tax at Year End

Corp tax£10k

Director Loans

Company owes directors£542k

Balance Sheet

Assets less current liabilities£2.6M
Signed by Mr Clive Shute 25/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.38-£12k
20231.37+£37k£24k
20221.30-£16k£24k
20211.31+£72k
20201.19+£72k
20191.09+£6k
20181.07

Derived from filed accounts. Not audited figures.