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Downeys Of Rainton Ltd

10624672

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

5 NORTH TERRACE, SEAHAM, SR7 7EU
Incorporated 16/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Lee Downey

director · Since 16/02/2017

CATERER

BRITISH · UNITED KINGDOM · Age 45

Also on 10 other boards

Mr Glen Downey

director · Since 21/11/2018

RESTAURATEUR

BRITISH · UNITED KINGDOM · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Lee Downey

75–100% shares

British · United Kingdom · Age 45

N/A, South Street, West Rainton, DH4 6PA

Notified 16/02/2017

CompanyRankvs 1795+ SIC 56103 peers
75

Financial strength84th percentile among SIC peers · 21/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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.

Longevity9/15 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 28/02/2023

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£56k

Current Liabilities

£26k

Fixed Assets

£5k

4avg. employees+2

Balance Sheet

Assets less current liabilities£34k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20232.12-£6k
20223.01+£7k
20219.67+£15k
20201.68
20191.01

Derived from filed accounts. Not audited figures.