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Rex Labs Ltd

11241778

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

10 JOHN STREET, LONDON, WC1N 2EB
Incorporated 08/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Julian Kavanagh

secretary · Since 25/04/2024

Also on 1 other board

Mr Julian Kavanagh

director · Since 25/04/2024

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 43

Also on 1 other board

Mr Davin Miller

director · Since 25/04/2024

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 55

Also on 1 other board

Charges1 outstanding

Charge
outstanding

GLOBAL LOAN AGENCY SERVICES AUSTRALIA NOMINEES PTY LIMITED AS SECURITY TRUSTEE FOR THE BENEFICI

Created 19/02/2025Registered 20/02/2025
Charge
satisfied

GLOBAL CREDIT INVESTMENTS PTY LTD AS TRUSTEE FOR THE GCI LEAP CAPITAL GROWTH FUND

Created 17/07/2020Registered 06/08/2020Satisfied 24/01/2023

CompanyRankvs 15123+ SIC 62012 peers
53

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£145k

Cash in the bank

Net Current Assets

-£961k

Working capital

Current Assets

£294k

Current Liabilities

£1.3M

Fixed Assets

£6k

Debtors

£149k

10avg. employees+2

Balance Sheet

Assets less current liabilities-£955k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23+£407k
20230.18+£0
20220.31
20210.32
20200.15
20190.04

Derived from filed accounts. Not audited figures.