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Ruas Limited

12486251

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

15 TOTMAN CRESCENT, RAYLEIGH, SS6 7UY
Incorporated 26/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael George Hayes

director · Since 26/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Daniel Francis Jonathan Reglar

secretary · Since 21/10/2020

Mr James Brennan

director · Since 21/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 2 other boards

Miss Stephanie Deborah Major

director · Since 21/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Michael George Hayes

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

British · England · Age 60

15, Totman Crescent, Rayleigh, SS6 7UY

Notified 26/02/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/07/2020Registered 13/07/2020

CompanyRankvs 162336+ SIC 82990 peers
5

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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162336Ruas Limited
25
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.

Employees2/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern The company is reliant on funding provided by Directors and companies under common control to meet future cash obligations. These facts therefore cast doubt on the company's ability

Key FinancialsYear ending 31/03/2025

Net Worth

-£643k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£775k

Working capital

Current Assets

£118k

Current Liabilities

£894k

Fixed Assets

£142k

Debtors

£113k

0avg. employees

Balance Sheet

Assets less current liabilities-£634k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13+£0
20250.13-£80k
20240.18+£37k
20230.24-£304k
20220.47-£42k
20210.24—

Derived from filed accounts. Not audited figures.