Rakem Limited
03253833
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
director · Since 04/05/2021
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 7 other boards
director · Since 17/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 8 other boards
Persons with Significant Control
Rakem Group Limited
Irwell House, Wellington Street, Bury, BL8 2BD
Reg: 10451925 · Registrar Of Companies · Private Limited Company
Notified 19/04/2017
Charges2 outstanding
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CompanyRankvs 26+ SIC 20590 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -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
Key FinancialsYear ending 31/12/2024
Net Worth
£5.6M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£950k
Bottom line earnings
Net Current Assets
£4.5M
Working capital
Current Assets
£6.1M
Current Liabilities
£1.6M
Fixed Assets
£1.2M
Debtors
£2.4M
Admin Expenses
£2.7M
Profit After Tax
£668k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.91 | +£668k |
| 2023 | 1.69 | +£1.6M |
| 2022 | 1.67 | +£957k |
| 2021 | 1.60 | — |
Derived from filed accounts. Not audited figures.