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Ruas Training Academy Limited

12873236

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

15 TOTMAN CRESCENT, RAYLEIGH, SS6 7UY
Incorporated 11/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Michael George Hayes

director · Since 11/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Michael George Hayes

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 60

15, Totman Crescent, Rayleigh, SS6 7UY

Notified 14/10/2020

Former PSCs

Ruas Limited

Ceased 14/10/2020

CompanyRankvs 88164+ SIC 96090 peers
24

Financial strength35th percentile among SIC peers · 9/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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88164Ruas Training Academy Limited
33
How is this score calculated?
Financial strength9/25 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

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

£100

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£35k

Current Liabilities

£168k

Debtors

£4k

0avg. employees

Balance Sheet

Intangible assets£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.21
20250.21
20240.33
20230.51
20220.36

Derived from filed accounts. Not audited figures.