Racine Restaurants Limited
07457948
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2024
group
Next accounts due
30/06/2026
Confirmation statement
Last: 28/12/2025
Due 11/01/2027
Industry
Officers
Former
director · Resigned 09/01/2015
director · Resigned 10/07/2017
Persons with Significant Control
Ms Sarah Sedghi
British · England · Age 40
42, Hans Crescent, London, SW1X 0LZ
Notified 01/01/2022
Former PSCs
Mr Mohammad Borjak
Ceased 10/07/2017
Mrs Alexandra Courtney Miller
Ceased 01/01/2022
Ms Alexandra Courtney Miller-Salame
Ceased 01/01/2022
Charges1 outstanding
HSBC UK BANK PLC
Change History
Active
Private Limited Company
42 HANS CRESCENT
LONDON
CompanyRankvs 3546+ SIC 70100 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/06/2024
Net Worth
£7.0M
Balance sheet strength
Cash
£279k
Cash in the bank
Net Current Assets
£2.4M
Working capital
Current Assets
£4.9M
Current Liabilities
£2.5M
Fixed Assets
£7.5M
Debtors
£4.9M
Cost of Sales
£8.1M
Admin Expenses
£24.1M
Profit After Tax
-£5.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.96 | +£5.4M |
| 2023 | 1.10 | +£242k |
| 2022 | 2.07 | -£71k |
| 2021 | 2.97 | +£170k |
| 2020 | 3.11 | +£737k |
| 2019 | 7.69 | +£84k |
| 2018 | 22.22 | — |
Derived from filed accounts. Not audited figures.