Rassam Innovations Ltd
09579052
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/05/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 2 other boards
Persons with Significant Control
London Medical Holdings Limited
Newfrith House, 21 Hyde Street, Winchester, SO23 7DR
Reg: 11884868 · England And Wales · Private Company Limited By Shares
Notified 27/06/2019
Former PSCs
Dr Saad Munir Bash Rassam
Ceased 27/06/2019
CompanyRankvs 2396+ SIC 72110 peers37
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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 31/03/2025
Net Worth
-£115k
Balance sheet strength
Cash
£838
Cash in the bank
Net Current Assets
-£141k
Working capital
Current Assets
£1k
Current Liabilities
£142k
Fixed Assets
£26k
Debtors
£200
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£25k |
| 2024 | 0.04 | -£30k |
| 2023 | 0.03 | -£26k |
| 2022 | 0.01 | -£17k |
| 2021 | 0.33 | -£15k |
| 2020 | 0.72 | — |
Derived from filed accounts. Not audited figures.