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Rainbow Painting Contractors Ltd

10874502

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

MILL HOUSE, CHERTSEY, KT16 9BE
Incorporated 19/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Ian Phillip Ocock

director · Since 27/07/2017

PAINTER & DECORATOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mrs Angela Louise Ocock

director · Since 16/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Ian Phillip Ocock

75–100% shares
75–100% votes
Appoint directors

British · England · Age 44

Mill House, 58 Guildford Street, Chertsey, KT16 9BE

Notified 19/07/2017

Former PSCs

Mr Peter Valaitis

Ceased 19/07/2017

Mr Alan James Ocock

Ceased 10/02/2026

CompanyRankvs 3058+ SIC 43341 peers
64

Financial strength33th percentile among SIC peers · 8/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.38× · 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 strength8/25 pts

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

Employees12/15 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 31/10/2024

Net Worth

£103

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

£136k

Working capital

Current Assets

£235k

Current Liabilities

£99k

Fixed Assets

£30k

Debtors

£99k

Profit After Tax

£67k

3avg. employees

Tax at Year End

Corp tax£25k
Dividends paid£2k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£167k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.38
20231.84+£43k
20221.62+£31k
20211.12+£3k
20200.98
20190.67
20180.81

Derived from filed accounts. Not audited figures.