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Raas Developments Limited

06237621

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

2nd Floor Grove House, 55 Lowlands Road, Harrow, HA1 3AW
Incorporated 04/05/2007

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 25/04/2026

Due 09/05/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Rizwan Akhtar

director · Since 28/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Rizwan Akhtar

director · Since 28/02/2008

British · England · Age 56

Former

Khola Akhtar

secretary · Resigned 21/08/2007

Rizwan Akhtar

director · Resigned 21/08/2007

Muzfer Butt

secretary · Resigned 28/02/2008

Mansoor Riaz Siddiqui

director · Resigned 29/12/2008

Khola Akhtar

secretary · Resigned 27/03/2015

Persons with Significant Control

Mr Rizwan Akhtar

75–100% shares
75–100% votes

British · England · Age 56

2nd Floor, Grove House, Harrow, HA1 3AW

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

SHAWBROOK LIMITED BANK

Created 10/10/2019Registered 11/10/2019
Charge
outstanding

PARATUS AMC LIMITED

Created 04/10/2019Registered 11/10/2019
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 25/07/2017Registered 03/08/2017
Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 28/09/2015Registered 29/09/2015
charge
outstanding

CAPITAL HOMES LOANS LIMITED

Created 17/06/2008Registered 21/06/2008

Change History

officer appointedAKHTAR, Rizwan
2026-08-08
statusactive
2026-08-08

Active

typeltd
2026-08-08

Private Limited Company

address line12nd Floor Grove House
2026-08-08

2ND FLOOR GROVE HOUSE

post townHarrow
2026-08-08

HARROW

CompanyRankvs 1797+ SIC 68100 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 43.74× · 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 strength24/25 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 30/06/2025

Net Worth

£541k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.7M

Current Liabilities

£38k

Debtors

£252k

2avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202543.74+£0
202543.74+£18k
202424.63+£117k
20237.16

Derived from filed accounts. Not audited figures.