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Ranees Limited

05224623

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

21 HERBERT ROAD, HORNCHURCH, RM11 3LD
Incorporated 07/09/2004

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

47710
Retail sale of clothing in specialised stores

Officers

Manjeet Kaur Sagoo

secretary · Since 07/09/2004

BRITISH · Age 75

Mr Gurcharan Singh Sagoo

director · Since 07/09/2004

BUSINESSMAN

BRITISH · ENGLAND · Age 82

Also on 2 other boards

Mrs Sabina Kang

director · Since 17/08/2015

SALES MANAGER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Gurcharan Singh Sagoo

Significant control

British · England · Age 82

21, Herbert Road, Hornchurch, RM11 3LD

Notified 01/05/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 11/09/2015Registered 24/09/2015
Charge
outstanding

LLOYDS BANK PLC

Created 04/09/2015Registered 15/09/2015

CompanyRankvs 4827+ SIC 47710 peers
49

Financial strength94th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
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.

Employees3/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

£162k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£175k

Working capital

Current Assets

£2k

Current Liabilities

£177k

Fixed Assets

£549k

0avg. employees

Tax at Year End(2021)

Dividends paid£4k

Balance Sheet

Assets less current liabilities£374k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£23k
20230.01+£16k
20220.01+£21k
2021+£26k
20200.24+£23k
20190.09

Derived from filed accounts. Not audited figures.