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Raycho Building Works Limited

12320889

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

308 GREEN LANE, ILFORD, IG1 1XT
Incorporated 19/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr. Gulyas Gergo

director · Since 13/06/2024

COMPANY DIRECTOR

HUNGARIAN · ENGLAND · Age 35

Persons with Significant Control

Mr Gergo Gulyas

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors

Hungarian · England · Age 35

15a, High Street, Romford, RM1 1JU

Notified 13/06/2024

Former PSCs

Mr Raycho Raykov Kehlibarov

Ceased 13/06/2024

CompanyRankvs 6407+ SIC 41201 peers
67

Financial strength78th percentile among SIC peers · 20/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 5.96× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 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.

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

£55k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£49k

Current Liabilities

£8k

Fixed Assets

£14k

1avg. employees

Balance Sheet

Assets less current liabilities£55k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20245.96-£9k
202311.18+£512
2022+£248k
20210.09-£291k
2020Infinity

Derived from filed accounts. Not audited figures.