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Raycom Ltd

07235496

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

2ND FLOOR NUCLEUS HOUSE, RICHMOND, TW9 2JA
Incorporated 27/04/2010

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

60100
Radio broadcasting

Officers

Mr Pyers John Patrick Easton

director · Since 27/04/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Andrew Michael Clements

director · Since 18/11/2015

BUSINESS DEVELOPMENT DIRECTOR

ENGLISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Pyers John Patrick Easton

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

British · United Kingdom · Age 61

2nd Floor, Nucleus House, Richmond, TW9 2JA

Notified 06/04/2016

Former PSCs

Krisztina Easton

Ceased 25/03/2019

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/06/2023Registered 27/06/2023
Charge
outstanding

PARAGON TECHNOLOGY FINANCE LIMITED

Created 07/02/2018Registered 20/02/2018

CompanyRankvs 105+ SIC 60100 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.45× · 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 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.

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 30/09/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£397k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£710k

Fixed Assets

£520k

Debtors

£807k

13avg. employees-2

Balance Sheet

Intangible assets£47k
Bank loans & overdrafts£202k
Assets less current liabilities£1.6M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.45+£253k
20232.86-£598k
20222.87+£128k
20212.40-£2k
20203.10+£310k
20192.88+£384k
20183.51

Derived from filed accounts. Not audited figures.