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Nor-Rak Systems Ltd

04189194

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE OLD FORGE BOWLING GREEN YARD, KNARESBOROUGH, HG5 8FL
Incorporated 28/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Paul Nigel Braithwaite

director · Since 28/03/2001

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mrs Audra Braithwaite

director · Since 22/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Paul Nigel Braithwaite

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 63

The Old Forge, Bowling Green Yard, Knaresborough, HG5 8FL

Notified 06/04/2016

Mrs Audra Braithwaite

25–50% shares

British · United Kingdom · Age 59

The Old Forge, Bowling Green Yard, Knaresborough, HG5 8FL

Notified 17/05/2017

CompanyRankvs 1391+ SIC 25110 peers
68

Financial strength64th percentile among SIC peers · 16/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1391Nor-Rak Systems Ltd
64
How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/03/2025

Net Worth

£123k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£254k

Current Liabilities

£161k

Fixed Assets

£32k

Debtors

£117k

2avg. employees-1

Balance Sheet

Assets less current liabilities£126k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.58-£10k
20241.55+£27k
20232.29+£26k
20221.68-£29k
20212.26—

Derived from filed accounts. Not audited figures.