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Rainbow Conversions Ltd

04931418

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FENLAND HOUSE, MARCH, PE15 0AX
Incorporated 14/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Susan Elizabeth Spies

secretary · Since 14/10/2003

BRITISH

Mr Michael Thomas Spies

director · Since 14/10/2003

VAN CONVERSIONS

BRITISH · ENGLAND · Age 71

Persons with Significant Control

Mr Michael Thomas Spies

25–50% shares
25–50% votes

British · England · Age 71

8 Station Drive, Wisbech, PE13 2PP

Notified 06/04/2016

Mrs Susan Elizabeth Spies

25–50% shares
25–50% votes

British · England · Age 77

8 Station Drive, Wisbech, PE13 2PP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 20/08/2004Registered 21/08/2004

CompanyRankvs 233+ SIC 45310 peers
75

Financial strength93th percentile among SIC peers · 23/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.7M

Current Liabilities

£343k

Fixed Assets

£47k

Debtors

£29k

5avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.08-£34k
20234.48+£73k
20224.40+£56k
20214.38—

Derived from filed accounts. Not audited figures.