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Railet Ltd

10070082

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

172 WESTFERRY ROAD, LONDON, E14 3RY
Incorporated 17/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Prakash Chandra Rai

director · Since 17/03/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 66

Miss Pravi Prakash

director · Since 01/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Mr Vipresh Prakash

director · Since 01/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Prakash Chandra Rai

Appoint directors

British · England · Age 66

172, Westferry Road, London, E14 3RY

Notified 20/05/2021

Former PSCs

Dr Vibha Rai

Ceased 20/05/2021

Charges4 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 19/07/2023Registered 19/07/2023
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 19/07/2023Registered 19/07/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 11/04/2018Registered 11/04/2018
Charge
outstanding

PARATUS AMC LIMITED

Created 21/03/2018Registered 21/03/2018

CompanyRankvs 26515+ SIC 68209 peers
62

Financial strength70th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.36× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity20/20 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.

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 31/03/2025

Net Worth

£38k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£127k

Current Liabilities

£20k

Fixed Assets

£574k

1avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£243k

Balance Sheet

Assets less current liabilities£681k
Signed by Mr V PRAKASH 12/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.36+£4k
20248.66+£7k
20232.82+£11k
20229.23+£6k
20217.58
20200.07

Derived from filed accounts. Not audited figures.