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Rack Training Limited

06870177

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3 SHAWFIELD ROAD, BARNSLEY, S71 3HS
Incorporated 05/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Neil Stephenson

director · Since 11/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 15 other boards

Mr Richard Jonathan Harden

director · Since 01/04/2024

GROUP CEO

BRITISH · ENGLAND · Age 49

Also on 13 other boards

Mr Martin Anthony Cooke

director · Since 01/05/2025

DIRECTOR

IRISH · IRELAND · Age 62

Also on 29 other boards

Persons with Significant Control

The Rack Group Limited

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

Unit 3, Shawfield Road, Barnsley, S71 3HS

Reg: 01617900 · Companies House · Private Limited Company

Notified 06/04/2016

Former PSCs

Mr Philip Maxwell-Smith

Ceased 02/03/2021

CompanyRankvs 934+ SIC 85590 peers
74

Financial strength90th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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934Rack Training Limited
84
How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

significant doubt on the ability of the Company to continue as a going concern. This assessment has been required in the light of the significant uncertainty around the short to medium term impact of the COVID-19 virus. 2.3 Foreign currency translation Functional and presentati

Key FinancialsYear ending 31/03/2021

Net Worth

£77k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£91k

Current Liabilities

£15k

Fixed Assets

£539

Debtors

£73k

2avg. employees

Balance Sheet

Assets less current liabilities£77k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20215.96

Derived from filed accounts. Not audited figures.