Ra Acquisitions Ltd
12296439
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 3 other boards
Persons with Significant Control
Ritesh Desai
British · United Kingdom · Age 48
The Oval, 57 New Walk, Leicester, LE1 7EA
Notified 04/11/2019
Mr Atin Patel
British · United Kingdom · Age 48
The Oval, 57 New Walk, Leicester, LE1 7EA
Notified 04/11/2019
Charges2 outstanding
PARAGON BANK PLC
PARAGON BANK PLC
CompanyRankvs 89672+ SIC 68100 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
£26k
Current Liabilities
£50k
Fixed Assets
£337k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.52 | +£31 |
| 2023 | 0.17 | +£4k |
| 2022 | 0.30 | — |
| 2021 | 10.76 | — |
Derived from filed accounts. Not audited figures.