Raceware Direct Ltd
08322436
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 07/12/2012
Persons with Significant Control
Mr Martyn Harris
British · England · Age 51
Search House, Charnham Lane, Hungerford, RG17 0EY
Notified 07/12/2016
Mrs Sally-Anne Harris
British · England · Age 51
Search House, Charnham Lane, Hungerford, RG17 0EY
Notified 10/12/2018
CompanyRankvs 15373+ SIC 47990 peers44
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£21k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£10k
Current Liabilities
£29k
Fixed Assets
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.36 | -£129 |
| 2023 | 0.56 | — |
Derived from filed accounts. Not audited figures.