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Rainbow Lease Ltd

11647076

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

15 FRITH STREET, LONDON, W1D 4RE
Incorporated 29/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Jaeil Choi

director · Since 01/03/2024

DIRECTOR

SOUTH KOREAN · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

First Cup Limited

25–50% shares
25–50% votes
Appoint directors

48, Frith Street, London, W1D 4SF

Reg: 9155320 · Registrar Of Companies England & Wales · Private Ltd Co

Notified 29/09/2021

Seoul Lab Limited

25–50% shares
25–50% votes
Appoint directors

Sovereign House, Graham Road, Harrow, HA3 5RF

Reg: 15509870 · Registrar Of Companies (England & Wales) · Private Limited Company

Notified 01/03/2024

Former PSCs

Ms Siew Ching Chew

Ceased 08/01/2019

Abacus Lease Investment Limited

Ceased 29/09/2021

CompanyRankvs 159628+ SIC 82990 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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159628Rainbow Lease Ltd
26
How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 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 31/10/2023

Net Worth

-£368k

Balance sheet strength

Cash

£469

Cash in the bank

Net Current Assets

-£357k

Working capital

Current Assets

£349k

Current Liabilities

£706k

Fixed Assets

£21k

Debtors

£348k

0avg. employees

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities-£336k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.49-£27k
20220.31-£61k
20210.42+£19k
20200.44-£269k
20190.75—

Derived from filed accounts. Not audited figures.