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Raysearch Uk Limited

08579149

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

SWEDEN HOUSE, LONDON, W1H 2AG
Incorporated 21/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Anders Johan Lof

director · Since 21/06/2013

CEO

SWEDISH · SWEDEN · Age 57

Persons with Significant Control

Mr Anders Johan Lof

significant-influence-or-control-as-firm

Swedish · Sweden · Age 57

Sweden House, 5 Upper Montagu Street, London, W1H 2AG

Notified 06/04/2016

CompanyRankvs 1511+ SIC 62012 peers
75

Financial strength90th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.64× · 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 strength23/25 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.

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to

Key FinancialsYear ending 31/12/2024

Turnover

£730k

Annual revenue

Net Worth

£180k

Balance sheet strength

Cash

£170k

Cash in the bank

Profit Before Tax

£23k

Bottom line earnings

Net Current Assets

£180k

Working capital

Current Assets

£249k

Current Liabilities

£68k

Debtors

£79k

Admin Expenses

£712k

Operating Profit

£18k

Profit After Tax

£17k

6avg. employees

People Costs

Wages & salaries£480k
NI contributions£57k
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.64+£17k
20233.38+£19k
20225.29

Derived from filed accounts. Not audited figures.