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365 Rack Limited

09254778

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)

Details

1 MYCHELL HOUSE PINCOTT ROAD, LONDON, SW19 2NN
Incorporated 08/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Sher Abbas Khan

director · Since 03/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Persons with Significant Control

Mr Sher Abbas Khan

50–75% shares

British · England · Age 45

1 Mychell House, Pincott Road, London, SW19 2NN

Notified 06/04/2016

Mrs Shizza Obaid Niazi

25–50% shares

Pakistani · England · Age 36

1 Mychell House, Pincott Road, London, SW19 2NN

Notified 08/10/2017

CompanyRankvs 50633+ SIC 62020 peers
59

Financial strength46th percentile among SIC peers · 12/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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50633365 Rack Limited
54
How is this score calculated?
Financial strength12/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/10/2024

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£42k

Current Liabilities

£61k

Fixed Assets

£33k

3avg. employees-1

Balance Sheet

Assets less current liabilities£14k
Signed by Mr Sher Khan 29 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£4k
20230.88+£4k
20220.92-£14k
20212.27—

Derived from filed accounts. Not audited figures.