Red & Racz Ltd
09807977
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
29/12/2024
unaudited abridged
Next accounts due
29/09/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 03/10/2015
FRANCHISEE
BRITISH · ENGLAND · Age 61
Also on 20 other boards
Persons with Significant Control
Mr Arvinder Singh Salariya
British · England · Age 61
Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB
Notified 01/07/2016
Red Miracle Management Limited
138, Wood Lane, Isleworth, TW7 5EQ
Reg: 07859945 · England & Wales · Private Limited Company
Notified 01/07/2016
Racz Group Ltd
Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB
Reg: 09797167 · England & Wales · Private Limited Company
Notified 01/07/2016
Mr Mike Racz
British · England · Age 44
Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB
Notified 01/07/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
SANTANDER UK PLC
HSBC BANK PLC
CompanyRankvs 13729+ SIC 56102 peers33
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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.
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 29/12/2024
Net Worth
-£1.0M
Balance sheet strength
Cash
£215k
Cash in the bank
Net Current Assets
-£2.3M
Working capital
Current Assets
£900k
Current Liabilities
£3.2M
Fixed Assets
£3.0M
Debtors
£551k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.28 | -£391k |
| 2023 | 0.26 | -£436k |
| 2022 | 0.30 | -£457k |
| 2021 | 0.33 | -£263k |
| 2019 | 0.16 | -£131k |
| 2019 | 0.18 | — |
Derived from filed accounts. Not audited figures.