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Rare Earth Digital Limited

06813895

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

30B WALL LANE, NANTWICH, CW5 5LS
Incorporated 09/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Jeremy Charles Richard Latham Touch

director · Since 13/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Persons with Significant Control

Mr Jeremy Charles Richard Latham Touch

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

30b, Wall Lane, Nantwich, CW5 5LS

Notified 06/04/2016

Annette Touch

25–50% shares
25–50% votes

British · United Kingdom · Age 58

30b, Wall Lane, Nantwich, CW5 5LS

Notified 02/09/2025

Former PSCs

Mr Peter Bennett

Ceased 02/09/2025

CompanyRankvs 27934+ SIC 62012 peers
51

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.6× · 6/20
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 strength1/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 28/02/2025

Net Worth

-£100k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£110k

Current Liabilities

£183k

Fixed Assets

£10k

Debtors

£83k

7avg. employees-1

Tax at Year End(2022)

Corp tax£3k

Balance Sheet

Assets less current liabilities-£63k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60-£26k
20240.62-£67k
20231.05+£24k
20220.91-£89k
20211.67+£56k
20200.89
20190.96

Derived from filed accounts. Not audited figures.