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Rainmedical Ltd

11689818

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 1 CASTLE COURT 2, DUDLEY, DY1 4RH
Incorporated 21/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
72110
Research and experimental development on biotechnology

Officers

Dr Nishan Ramnarain

director · Since 21/11/2018

PHYSICIAN

BRITISH · ENGLAND · Age 51

Also on 5 other boards

Mrs Emily Ramnarain

secretary · Since 02/06/2020

Persons with Significant Control

Dr Nishan Ramnarain

50–75% shares
50–75% votes
Appoint directors

British · England · Age 51

Unit 1, Castle Court 2, Dudley, DY1 4RH

Notified 21/11/2018

Mrs Emily Ramnarain

25–50% shares

British · England · Age 47

Unit 1, Castle Court 2, Dudley, DY1 4RH

Notified 29/11/2019

CompanyRankvs 13393+ SIC 70229 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.68× · 20/20
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 strength24/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 29/11/2024

Net Worth

£547k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£555k

Working capital

Current Assets

£637k

Current Liabilities

£83k

Fixed Assets

£3k

Debtors

£625k

2avg. employees

Balance Sheet

Assets less current liabilities£557k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.68+£87k
20234.82+£140k
20222.18+£122k
20212.25+£75k
20202.08+£102k
20191.38

Derived from filed accounts. Not audited figures.