Racho Express (Uk) Limited
03998001
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Olanrewaju Rapheal Odufowokan
director · Since 25/04/2013
Nigerian
Former
Bamidele Francis Aderiye
secretary · Resigned 06/08/2013
Adeitan Adetukasi
secretary · Resigned 19/05/2011
Elizabeth Esohe Adonri
secretary · Resigned 01/05/2007
Maureen Anne Childs
secretary · Resigned 19/05/2000
Bamidele Francis Aderiye
director · Resigned 06/08/2013
Maureen Anne Childs
director · Resigned 19/05/2000
Olubenga Ola
director · Resigned 29/06/2004
Brian John Payne
director · Resigned 19/05/2000
CompanyRankvs 440770+ SIC 49410 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£69k
Balance sheet strength
Cash
£49
Cash in the bank
Net Current Assets
-£69k
Working capital
Current Assets
£702
Current Liabilities
£69k
Fixed Assets
£48
Debtors
£541
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£0 |
| 2025 | 0.01 | -£5k |
| 2024 | 0.01 | -£5k |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.