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Rimini Street Limited

08341650

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 4, 7TH FLOOR, LONDON, SW1H 0DB
Incorporated 27/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Seth Ravin

director · Since 27/12/2012

DIRECTOR

AMERICAN · UNITED STATES · Age 60

Persons with Significant Control

Mr Seth Ravin

25–50% votes

American · United States · Age 60

Suite 4, 7th Floor, 50 Broadway, London, SW1H 0DB

Notified 27/12/2016

Former PSCs

Mr Thomas Chang-Jen Shay

Ceased 01/04/2020

CompanyRankvs 882+ SIC 62090 peers
78

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.05× · 20/20
Longevity13 years trading (max 15) · 13/15
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.

Employees15/15 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.

Longevity13/15 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

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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£18.2M

Annual revenue

Net Worth

£8.2M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£980k

Bottom line earnings

Net Current Assets

£8.1M

Working capital

Current Assets

£10.1M

Current Liabilities

£2.0M

Fixed Assets

£110k

Debtors

£7.7M

Admin Expenses

£17.2M

Operating Profit

£979k

Profit After Tax

£712k

89avg. employees-4

Tax at Year End(2020)

Corp tax£84k

People Costs

Wages & salaries£10.4M
NI contributions£1.4M

Balance Sheet

Assets less current liabilities£8.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20245.05+£871k
20234.52+£1.9M
20213.57+£893k
20202.52+£840k
20192.44—

Derived from filed accounts. Not audited figures.