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Rak Technical Limited

07667056

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

AVALON HOUSE BRICKYARD ROAD, SOUTHAMPTON, SO32 2SA
Incorporated 13/06/2011

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

43210
Electrical installation

Officers

Mr Kevin Michael Pirie

director · Since 13/06/2011

ENTREPRENEUR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Kevin Michael Pirie

25–50% shares

British · England · Age 42

Avalon House, Brickyard Road, Southampton, SO32 2SA

Notified 06/04/2016

CompanyRankvs 756+ SIC 43210 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/06/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£465k

Fixed Assets

£142k

Debtors

£300k

6avg. employees

Tax at Year End(2024)

Corp tax£180k

Balance Sheet

Assets less current liabilities£1.4M
Signed by K Pirie,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.63+£0
20253.63+£8k
20242.17+£364k
20232.43+£317k
20222.03—

Derived from filed accounts. Not audited figures.