Ruqash Ltd
09577420
Some Concerns
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/05/2024
dormant
Next accounts due
28/02/2026
Confirmation statement
Last: 12/09/2025
Due 26/09/2026
Industry
Officers
Former
director · Resigned 11/09/2025
Persons with Significant Control
Mr Shahzad Ahmed
British · England · Age 45
Unit 2, 122 Longley Lane, Manchester, M22 4SY
Notified 11/09/2025
Former PSCs
Mr Muhammad Haroon Zia
Ceased 11/09/2025
Change History
Active
Private Limited Company
UNIT 2
MANCHESTER
CompanyRankvs 25252+ SIC 45112 peers21
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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 31/05/2024
Net Worth
-£98k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£900
Current Liabilities
£5k
Fixed Assets
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.17 | -£4k |
| 2023 | 7.17 | -£9k |
| 2022 | 36.02 | -£34k |
| 2021 | 54.65 | +£7k |
| 2020 | 20.54 | -£4k |
| 2019 | 10.93 | +£2k |
| 2018 | 11.30 | — |
Derived from filed accounts. Not audited figures.