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Rapita Systems Limited

05011090

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

ATLAS HOUSE LINK BUSINESS PARK, YORK, YO10 3JB
Incorporated 09/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Dr Ian Broster

secretary · Since 11/03/2004

RESEARCHER

BRITISH · UNITED KINGDOM · Age 49

Mr Raju Satyanarayana Dandu

director · Since 08/04/2016

FOUNDER-CHAIRMAN DANLAW INC.

AMERICAN · UNITED STATES · Age 75

Mr Timothy Matthew Morris

director · Since 28/02/2025

CEO

AMERICAN · UNITED STATES · Age 59

Persons with Significant Control

Mr Raju Satyanarayana Dandu

ownership-of-shares-75-to-100-percent-as-firm
significant-influence-or-control-as-firm

American · United States · Age 75

Danlaw Inc 41369, Vincenti Ct, Novi

Notified 05/01/2021

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 04/01/2018Registered 09/01/2018

CompanyRankvs 2446+ SIC 62012 peers
71

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

£409k

Balance sheet strength

Cash

£690k

Cash in the bank

Net Current Assets

£359k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.9M

Fixed Assets

£50k

Debtors

£1.5M

56avg. employees-2

Balance Sheet

Intangible assets£3k
Assets less current liabilities£409k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19+£165k
20231.11-£682k
20221.66-£770k
20212.29-£260k
20202.43+£105k
20192.70

Derived from filed accounts. Not audited figures.