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Rainbow Travel Limited

05886728

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

5-7 RAINBOW TRAVEL LIMITED, ABBOTS LANGLEY, WD5 0NR
Incorporated 25/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Imtiaz Ahmed

director · Since 01/08/2006

British

Nuzhat Shaheen Ahmed

director · Since 01/08/2006

British

Former

Nuzhat Shaheen Ahmed

secretary · Resigned 01/03/2023

Form 10 Secretaries Fd Ltd

corporate nominee secretary · Resigned 26/07/2006

Form 10 Directors Fd Ltd

corporate nominee director · Resigned 26/07/2006

CompanyRankvs 280+ SIC 49320 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 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.

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 30/07/2024

Net Worth

£442k

Balance sheet strength

Cash

£245k

Cash in the bank

Net Current Assets

£291k

Working capital

Current Assets

£541k

Current Liabilities

£250k

Fixed Assets

£202k

Debtors

£296k

25avg. employees+4

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities£493k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.16+£87k
20232.53+£288k
20211.33

Derived from filed accounts. Not audited figures.