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Rch Care Homes Limited

02325401

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KING GEORGE PLACE 762 EASTERN AVENUE, ILFORD, IG2 7HU
Incorporated 06/12/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87100
Residential nursing care facilities

Officers

Mr Rabinder Singh Rai

director · Since 06/12/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 6 other boards

Mrs Aneet Rai

secretary · Since 15/06/1995

HOUSEWIFE

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Mrs Aneet Rai

director · Since 15/06/1995

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Persons with Significant Control

Rch Care Group Holdings Limited

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

Coopers House, 65a Wingletye Lane, Hornchurch, RM11 3AT

Reg: 09106152 · Ranc Holdings Limited · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2015Registered 17/04/2015Satisfied 29/01/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2015Registered 02/04/2015Satisfied 29/01/2024
charge
satisfied

BARCLAYS BANK PLC

Created 11/07/2011Registered 13/07/2011Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 11/07/2011Registered 13/07/2011Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 11/07/2011Registered 13/07/2011Satisfied 16/09/2011
charge
satisfied

BARCLAYS BANK PLC

Created 19/12/2008Registered 23/12/2008Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 30/10/2008Registered 01/11/2008Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 17/10/2008Registered 25/10/2008Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 18/07/2007Registered 20/07/2007Satisfied 15/03/2024
charge
satisfied

SOUTH EAST RESERVE FORCES AND CADETS ASSOCIATION

Created 13/07/2006Registered 14/07/2006Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 08/10/2003Registered 09/10/2003Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 26/11/2002Registered 14/12/2002Satisfied 15/03/2024
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 16/04/1999Registered 21/04/1999Satisfied 02/04/2015
charge
satisfied

BARCLAYS BANK PLC

Created 29/11/1996Registered 16/12/1996Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 23/05/1996Registered 07/06/1996Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 29/04/1996Registered 07/05/1996Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 02/11/1992Registered 12/11/1992Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 13/12/1990Registered 21/12/1990Satisfied 15/03/2024
charge
satisfied

BARCLAYS BANK PLC

Created 21/03/1989Registered 05/04/1989Satisfied 15/03/2024

CompanyRankvs 105+ SIC 87100 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2022

Turnover

£32.5M

Annual revenue

Net Worth

£48.7M

Balance sheet strength

Cash

£6.0M

Cash in the bank

Profit Before Tax

£6.2M

Bottom line earnings

Net Current Assets

£47.5M

Working capital

Current Assets

£53.3M

Current Liabilities

£5.8M

Fixed Assets

£1.4M

Debtors

£47.3M

Cost of Sales

£17.8M

Gross Profit

£14.7M

Admin Expenses

£9.9M

Operating Profit

£6.2M

Profit After Tax

£5.0M

705avg. employees-154

Tax at Year End

Corp tax£678k

People Costs

Wages & salaries£13.2M
NI contributions£1.1M

Balance Sheet

Assets less current liabilities£49.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20229.23+£5.0M
202110.81+£2.0M
202012.17+£1.2M
201910.31

Derived from filed accounts. Not audited figures.