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Racz And Red Ltd

11547939

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10, WYNYARD, TS22 5TB
Incorporated 03/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Mike Racz

director · Since 03/09/2018

FRANCHISEE

BRITISH · ENGLAND · Age 44

Also on 30 other boards

Mr Arvinder Salariya

director · Since 03/09/2018

FRANCHISEE

BRITISH · ENGLAND · Age 61

Also on 12 other boards

Persons with Significant Control

Mr Mike Racz

25–50% shares
25–50% votes

British · England · Age 44

Racz Group, Unit 10, Evolution, Wynyard, TS22 5TB

Notified 03/09/2018

Mr Arvinder Salariya

25–50% shares
25–50% votes

British · England · Age 61

Unit 10, Evolution, Wynyard, TS22 5TB

Notified 03/09/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/08/2024Registered 30/08/2024
Charge
satisfied

SANTANDER UK PLC

Created 29/04/2019Registered 07/05/2019Satisfied 14/01/2025

CompanyRankvs 16204+ SIC 56102 peers
29

Financial strength40th percentile among SIC peers · 10/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16204Racz And Red Ltd
38
How is this score calculated?
Financial strength10/25 pts

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

Employees4/15 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 27/12/2024

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£202

Working capital

Current Assets

£100

Current Liabilities

£302

Fixed Assets

£302

1avg. employees-1

Balance Sheet

Assets less current liabilities£100
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.33
20230.33
20210.33
20200.33

Derived from filed accounts. Not audited figures.