Rag Traders London Ltd
07929546
Notable Risks
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/12/2023
small
Next accounts due
31/10/2025
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
secretary · Since 02/04/2024
director · Since 02/04/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
secretary · Since 02/04/2024
Former
director · Resigned 02/04/2024
director · Resigned 02/04/2024
Persons with Significant Control
Guess ?, Inc.
1444, South Alameda Street, Los Angeles
Reg: 2346089 · Division Of Corporations Of The State Of Delaware · A Delaware Corporation
Notified 02/04/2024
Former PSCs
Marcus Wainwright
Ceased 02/04/2024
Change History
Active - Proposal to Strike off
Private Limited Company
C/O RIX&KAY THE COURTYARD
UCKFIELD
TN22 1SL
CompanyRankvs 17876+ SIC 47710 peers15
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/12/2023
Net Worth
-£5.5M
Balance sheet strength
Cash
£279k
Cash in the bank
Net Current Assets
-£5.8M
Working capital
Current Assets
£2.8M
Current Liabilities
£8.7M
Fixed Assets
£1.1M
Debtors
£923k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.33 |
Derived from filed accounts. Not audited figures.