Raindance Educational Services Limited
09846821
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/02/2017
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 4 other boards
Persons with Significant Control
Mr Zulfiqar Ali Choudhry
British · England · Age 51
10a, Craven Street, London, WC2N 5PE
Notified 21/03/2022
Mrs Sarah Atif
British · England · Age 38
10a, Craven Street, London, WC2N 5PE
Notified 16/03/2026
Former PSCs
Mr Bruce Elliot Grove
Ceased 21/03/2022
CompanyRankvs 324+ SIC 85421 peers55
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/10/2025
Turnover
£890k
Annual revenue
Net Worth
£104k
Balance sheet strength
Cash
£205k
Cash in the bank
Profit Before Tax
-£206k
Bottom line earnings
Net Current Assets
£51k
Working capital
Current Assets
£685k
Current Liabilities
£634k
Fixed Assets
£53k
Debtors
£481k
Cost of Sales
£192k
Gross Profit
£699k
Admin Expenses
£887k
Operating Profit
-£188k
Profit After Tax
-£194k
Tax at Year End
Director Loans(2023)
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.08 | -£194k |
| 2024 | 1.99 | +£67k |
| 2023 | 1.59 | +£97k |
| 2022 | 1.46 | +£43k |
| 2021 | 2.14 | +£77k |
| 2020 | 2.28 | — |
| 2019 | 0.76 | — |
Derived from filed accounts. Not audited figures.