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Rayo Lighting Limited

07629079

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)
  • Negative net worth (-10)

Details

21 HIGH VIEW CLOSE, LEICESTER, LE4 9LJ
Incorporated 10/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Kritesh Patel

director · Since 10/05/2011

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mr Kritesh Patel

25–50% shares
25–50% votes

British · England · Age 49

21, High View Close, Leicester, LE4 9LJ

Notified 01/07/2016

Former PSCs

Mrs Chetna Patel

Ceased 22/06/2022

Mrs Dina Patel

Ceased 22/06/2022

CompanyRankvs 5942+ SIC 47599 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

-£116k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£113k

Working capital

Current Assets

£35k

Current Liabilities

£149k

Balance Sheet

Assets less current liabilities-£113k
Signed by Mr Kritesh Patel 24 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£4k
20230.25+£21k
20220.25+£20k
20210.24-£45k
20200.47-£36k
20190.53-£34k
20180.74

Derived from filed accounts. Not audited figures.