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The Racking Installation Company Limited

05199607

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 Mercia Court Smith's Way, Saxon Business Park, Stoke Prior, B60 4GA
Incorporated 06/08/2004

Previously known as

Chipmunks Courier Services Limited · until 02/07/2009

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

33200
Installation of industrial machinery and equipment

Officers

Mr Steven Tsang

director · Since 06/08/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Steven Tsang

director · Since 06/08/2004

British · England · Age 57

Persons with Significant Control

Tsang (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Church Court, Stourbridge Road, Halesowen, B63 3TT

Reg: 08845463 · Uk Register · Uk Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 23/03/2018Registered 23/03/2018Satisfied 21/05/2019
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 24/10/2012Registered 26/10/2012Satisfied 21/05/2019

Change History

officer appointed → TSANG, Steven
2026-06-12
status → active
2026-06-12

Active

type → ltd
2026-06-12

Private Limited Company

address line1 → 1 Mercia Court Smith's Way
2026-06-12

1 MERCIA COURT SMITH'S WAY

post town → Stoke Prior
2026-06-12

STOKE PRIOR

CompanyRankvs 860+ SIC 33200 peers
72

Financial strength73th percentile among SIC peers · 18/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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860The Racking Installation Company Limited
72
How is this score calculated?
Financial strength18/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£114k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£139k

Current Liabilities

£62k

Fixed Assets

£67k

Debtors

£121k

1avg. employees

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£144k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.23+£22k
20241.78+£8k
20231.76+£3k
20221.71+£12k
20213.22—

Derived from filed accounts. Not audited figures.