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Rethink Products Ltd

11613094

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 9, BIRMINGHAM, B38 9PN
Incorporated 09/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Michael Brett Dorsch

director · Since 09/10/2018

MANAGING DIRECTOR

AMERICAN · ENGLAND · Age 39

Also on 1 other board

Mr Craig Kingsley Walker

director · Since 09/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Persons with Significant Control

Abderrahim Mchatet

25–50% shares
25–50% votes

American · United States · Age 64

4928 Sw, 168st Ave, Miramar, FL 33027

Notified 09/10/2018

Hamid Mchatet

25–50% shares
25–50% votes

American · United States · Age 51

4958 Sw, 168st Ave, Miramar, FL 33027

Notified 09/10/2018

CompanyRankvs 15557+ SIC 46900 peers
39

Financial strength40th percentile among SIC peers · 10/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£102

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£210k

Working capital

Current Assets

£23k

Current Liabilities

£233k

Fixed Assets

£191

Debtors

£22k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£210k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.10
20240.10
20230.16

Derived from filed accounts. Not audited figures.