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Ray Stitch Limited

07483357

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

66 ESSEX ROAD, LONDON, N1 8LR
Incorporated 05/01/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Rachel Hart

director · Since 20/01/2011

HABERDASHERY RETAILER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Rachel Hart

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

British · England · Age 60

66 Essex Road, London, London, N1 8LR

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/12/2016Registered 13/12/2016

CompanyRankvs 60+ SIC 47510 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.09× · 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 strength23/25 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.

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 31/03/2021

Net Worth

£165k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£157k

Working capital

Current Assets

£301k

Current Liabilities

£144k

Fixed Assets

£69k

Debtors

£13k

6avg. employees-1

Balance Sheet

Assets less current liabilities£226k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20212.09+£10k
20201.57

Derived from filed accounts. Not audited figures.