Raycone Limited
03506484
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 09/02/1998
ENGINEER
BRITISH · ENGLAND · Age 52
Also on 4 other boards
director · Since 09/02/1998
ENGINEER
BRITISH · ENGLAND · Age 52
Also on 4 other boards
Persons with Significant Control
Mr Neil Robert Dyer
British · England · Age 52
Norwich Accountancy Services Ltd,, 19 Upper King Street, Norwich, NR3 1RB
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 1960+ SIC 68209 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
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 01/08/2025
Net Worth
£2.0M
Balance sheet strength
Cash
£175k
Cash in the bank
Net Current Assets
£223k
Working capital
Current Assets
£270k
Current Liabilities
£47k
Fixed Assets
£3.0M
Debtors
£94k
Tax at Year End(2023)
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 5.71 | +£508k | — |
| 2024 | 6.28 | +£23k | — |
| 2023 | 5.37 | -£14k | £252k |
| 2022 | 2.30 | +£111k | — |
| 2021 | 1.76 | +£562k | — |
| 2020 | 1.49 | -£115k | — |
| 2019 | 2.28 | -£308k | — |
| 2018 | 0.55 | — | — |
Derived from filed accounts. Not audited figures.