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Raas Limited

09305751

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

24 FIREAWAY PIZZA, SWINDON, SN1 5NS
Incorporated 11/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Sachit Suresh Poonekar

director · Since 11/11/2014

RESTAURANT MANAGER

INDIAN · ENGLAND · Age 45

Mrs Kavitha Sravanthi Kantheti

director · Since 14/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Sachit Suresh Poonekar

75–100% shares

Indian · England · Age 45

24, Fireaway Pizza, Swindon, SN1 5NS

Notified 06/04/2016

Mrs Kavitha Sravanthi Kantheti

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 47

34, Sandown Way, Newbury, RG14 7SD

Notified 01/01/2026

Former PSCs

Mr Prashant Rajaram Kesarkar

Ceased 05/12/2025

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/02/2022Registered 11/02/2022

CompanyRankvs 23162+ SIC 56103 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£10k

Current Liabilities

£37k

Fixed Assets

£39k

6avg. employees

Balance Sheet

Assets less current liabilities£12k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26+£37k
20230.10-£11k
20220.03-£21k
20211.35-£55k
20200.95-£3k
20190.38+£2k
20180.20

Derived from filed accounts. Not audited figures.