Rackway Limited
11237629
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 03/10/2025
Due 17/10/2026
Industry
Officers
director · Since 06/03/2018
SALESMAN
BRITISH · ENGLAND · Age 48
Also on 3 other boards
Persons with Significant Control
Mr Lee Joseph Blunden
British · England · Age 48
Coastwise House, 17 Liverpool Road, Worthing, BN11 1SU
Notified 06/03/2018
Mrs Jodie Blunden
British · England · Age 46
Coastwise House, 17 Liverpool Road, Worthing, BN11 1SU
Notified 06/03/2018
Change History
Active
Private Limited Company
COASTWISE HOUSE
WORTHING
CompanyRankvs 2982+ SIC 46690 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£872
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£104k
Current Liabilities
£124k
Fixed Assets
£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.83 | — |
| 2024 | 1.11 | -£50k |
| 2023 | 1.53 | — |
Derived from filed accounts. Not audited figures.