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Rak Traders Limited

07729114

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

40 HIGH STREET NORTH, LONDON, E6 2HJ
Incorporated 04/08/2011

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Muhammad Rakeem Aslam

director · Since 04/08/2011

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Muhammad Rakeem Aslam

75–100% shares

British · England · Age 46

40, High Street North, London, E6 2HJ

Notified 13/06/2016

CompanyRankvs 412+ SIC 47190 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 12.78× · 20/20
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 strength24/25 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£556k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£528k

Working capital

Current Assets

£572k

Current Liabilities

£45k

Fixed Assets

£29k

9avg. employees+2

Balance Sheet

Assets less current liabilities£556k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202412.78+£86k
20239.51+£75k
202213.12+£69k
202112.75+£42k
20203.73+£83k
20191.55+£69k
20181.32

Derived from filed accounts. Not audited figures.