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Racking Lv Ltd

10037055

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

24 TOWNSEND CLOSE TOWNSEND CLOSE, LEICESTER, LE9 6NX
Incorporated 02/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
43390
Other building completion and finishing
43999
Specialised construction activities
81100
Combined facilities support activities

Officers

Mr Donatas Verikas

director · Since 05/02/2021

DIRECTOR

LITHUANIAN · ENGLAND · Age 42

Persons with Significant Control

Mr Donatas Verikas

75–100% shares

Lithuanian · England · Age 42

24 Townsend Close, Townsend Close, Leicester, LE9 6NX

Notified 05/02/2021

Former PSCs

Laurynas Verikas

Ceased 25/02/2021

CompanyRankvs 10307+ SIC 41201 peers
58

Financial strength86th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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10307Racking Lv Ltd
58
How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

Longevity10/15 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.

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

£171k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£102k

Current Liabilities

£359k

Fixed Assets

£99k

2avg. employees

Balance Sheet

Assets less current liabilities£158k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.28-£18k
20240.38-£17k
20230.49+£22k
20220.61-£15k
20210.63+£59k
20200.66+£45k
20190.84—

Derived from filed accounts. Not audited figures.