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M Rackstraws Ltd

10143229

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SENECA HOUSE/LINKS POINT, BLACKPOOL, FY4 2FF
Incorporated 24/04/2016

Compliance

Last accounts

30/04/2022

unaudited abridged

Next accounts due

29/01/2024

Overdue

Confirmation statement

Last: 23/04/2024

Due 07/05/2025

Overdue

Industry

11050
Manufacture of beer

Officers

Mr Matthew James Laws Sanderson

director · Since 24/04/2016

ENGINEER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Richard Stuart Colvill

director · Since 08/08/2018

GRAPHIC DESIGNER

BRITISH · ENGLAND · Age 49

Mr Marcin Kazimierz Serwatka

director · Since 08/08/2018

HEAD BREWER

POLISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Matthew James Laws Sanderson

75–100% shares
75–100% votes

British · England · Age 62

Bowston Bridge, Bowston, Kendal, LA8 9HD

Notified 24/04/2016

Insolvency History1 case

creditors voluntary liquidation11/04/2024

Richard Ian Williamson (practitioner) · Christopher Brindle (practitioner)

CompanyRankvs 15+ SIC 11050 peers
21

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2022

Net Worth

-£384k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£166k

Working capital

Current Assets

£347k

Current Liabilities

£513k

Fixed Assets

£266k

Debtors

£318k

12avg. employees+7

Balance Sheet

Assets less current liabilities£100k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.68-£32k
20210.35

Derived from filed accounts. Not audited figures.