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Raycast Technologies Ltd.

12394678

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

3RD FLOOR, ALTRINCHAM, WA14 2DT
Incorporated 09/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62090
Other information technology service activities

Officers

Oakwood Corporate Secretary Limited

secretary · Since 09/01/2020

BRITISH

Also on 2749 other boards

Thomas Paul Mann

director · Since 09/01/2020

CEO

GERMAN · ENGLAND · Age 37

Mr Petr Nikolaev

director · Since 09/01/2020

CTO

BRITISH,RUSSIAN · ENGLAND · Age 36

Persons with Significant Control

Former PSCs

Thomas Paul Mann

Ceased 09/01/2020

Mr Petr Nikolaev

Ceased 09/01/2020

CompanyRankvs 2460+ SIC 58290 peers
55

Financial strength0th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.9× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity6/15 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 31/01/2024

Net Worth

-£8.0M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.3M

Current Liabilities

£462k

Fixed Assets

£27k

Debtors

£45k

6avg. employees+1

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.90-£3.1M
20230.06-£2.9M
20220.11-£1.4M

Derived from filed accounts. Not audited figures.