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Rapscraft Limited

07539105

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 20 HARRIOTT DRIVE, WARWICK, CV34 6TJ
Incorporated 22/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery

Officers

Mr Opinderpal Singh Sidhu

director · Since 22/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 5 other boards

Mrs Parmjit Sidhu

director · Since 22/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mrs Parmjit Sidhu

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

British · England · Age 46

Unit 15 Hurlbutt Road, Heathcote Industrial Estate, Warwick, CV34 6TD

Notified 06/04/2016

Mr Opinderpal Singh Sidhu

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

British · United Kingdom · Age 51

Unit 15 Hurlbutt Road, Heathcote Industrial Estate, Warwick, CV34 6TD

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 11/11/2019Registered 21/11/2019
Charge
satisfied

LLOYDS BANK PLC

Created 23/01/2014Registered 28/01/2014Satisfied 10/09/2016

CompanyRankvs 308+ SIC 33120 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 8.18× · 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 strength21/25 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

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

£197k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£181k

Working capital

Current Assets

£206k

Current Liabilities

£25k

Fixed Assets

£80k

Debtors

£187k

3avg. employees-2

Balance Sheet

Assets less current liabilities£261k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20218.18+£16k
20203.05-£38k
20194.62

Derived from filed accounts. Not audited figures.