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Rathern Holdings Limited

12315977

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KALAMU HOUSE, LONDON, EC1R 5HL
Incorporated 14/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Kirit Rambhai Patel

director · Since 14/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 9 other boards

Mrs Sulochana Kirit Kumar Patel

director · Since 14/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 10 other boards

Mr Jignesh Kirit Patel

director · Since 17/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Persons with Significant Control

K R Patel, S K Patel & J R Patel As Trustees For The Notham Settlement

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

Little Squirrels, Mountview Road, Esher, KT10 0UD

Notified 30/01/2020

Former PSCs

Mr Kirit Rambhai Patel

Ceased 30/01/2020

CompanyRankvs 5354+ SIC 64209 peers
60

Financial strength98th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 25.59× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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5354Rathern Holdings Limited
69
How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£10.6M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Net Current Assets

£15.8M

Working capital

Current Assets

£16.5M

Current Liabilities

£644k

Fixed Assets

£32.6M

Debtors

£16.5M

Cost of Sales

£638k

Admin Expenses

£11.3M

Profit After Tax

-£277k

0avg. employees

Tax at Year End

Corp tax£10k

People Costs

Wages & salaries£3.2M

Balance Sheet

Intangible assets£1
Bank loans & overdrafts£17.3M
Assets less current liabilities£32.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202425.59
20233.12

Derived from filed accounts. Not audited figures.