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The Rat And Two Horses Limited

11079835

active
ltd
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

1st Floor, The Works, 127-131 Great Suffolk Street, London, SE1 1PP
Incorporated 23/11/2017

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

90030
Artistic creation

Officers

Mr James Greenfield

director · Since 23/11/2017

CREATIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Caroline Matthews

secretary · Since 23/11/2017

Mrs Caroline Matthews

director · Since 23/11/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Joseph Roden

director · Since 23/11/2017

CREATIVE DIRECTOR

BRITISH · UNITED STATES · Age 36

Mr Nicholas James Edward Leatham

director · Since 04/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Joseph Roden

director · Since 23/11/2017

British · United States · Age 36

Caroline Matthews

secretary · Since 23/11/2017

James Greenfield

director · Since 23/11/2017

British · United Kingdom · Age 47

Caroline Matthews

director · Since 23/11/2017

British · England · Age 53

Nicholas James Edward Leatham

director · Since 04/04/2025

British · England · Age 45

Persons with Significant Control

Dragon 789 Limited

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

Capital Building, Tyndall Street, Cardiff, CF10 4AZ

Reg: 16268006 · Register Of Companies · Private Limited Company

Notified 04/04/2025

Former PSCs

Mrs Caroline Matthews

Ceased 04/04/2025

Mr James Greenfield

Ceased 04/04/2025

Mr Jowey Roden

Ceased 04/04/2025

Charges5 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY PARTY

Created 17/07/2025Registered 25/07/2025
Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY AGENT

Created 17/07/2025Registered 23/07/2025
Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY AGENT

Created 02/07/2025Registered 22/07/2025
Charge
outstanding

WESTBRIDGE III LP AS SECURITY TRUSTEE

Created 04/04/2025Registered 25/04/2025
Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY AGENT

Created 04/04/2025Registered 08/04/2025

Change History

statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line11st Floor, The Works, 127-131 Great Suffolk Street
2026-06-14

1ST FLOOR, THE WORKS, 127-131

post townLondon
2026-06-14

LONDON

officer appointedMATTHEWS, Caroline
2026-06-14
officer appointedGREENFIELD, James
2026-06-14
officer appointedLEATHAM, Nicholas James Edward
2026-06-14
officer appointedMATTHEWS, Caroline
2026-06-14
officer appointedRODEN, Joseph
2026-06-14

CompanyRankvs 10177+ SIC 90030 peers
37

Financial strength100th percentile among SIC peers · 25/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees6/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£10.2M

Balance sheet strength

Cash

£7.0M

Cash in the bank

Net Current Assets

-£259k

Working capital

Current Assets

£111k

Current Liabilities

£369k

Fixed Assets

£751k

Debtors

£7.3M

Cost of Sales

£2.8M

Admin Expenses

£25.4M

Profit After Tax

£3.7M

1avg. employees-2

Tax at Year End

Corp tax£580k
Dividends paid-£733k

People Costs

Wages & salaries£11.1M

Balance Sheet

Intangible assets£0
Assets less current liabilities£996k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£10.2M
2024+£0
2023+£0
2022+£0
2021+£0
2020+£0

Derived from filed accounts. Not audited figures.