Ruas Training Academy Limited
12873236
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 11/09/2025
Due 25/09/2026
Industry
Officers
director · Since 11/09/2020
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
Persons with Significant Control
Mr Michael George Hayes
British · United Kingdom · Age 60
15, Totman Crescent, Rayleigh, SS6 7UY
Notified 14/10/2020
Former PSCs
Ruas Limited
Ceased 14/10/2020
Change History
Active
Private Limited Company
15 TOTMAN CRESCENT
RAYLEIGH
CompanyRankvs 85854+ SIC 96090 peers24
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.21 |
| 2025 | 0.21 |
| 2024 | 0.33 |
| 2023 | 0.51 |
Derived from filed accounts. Not audited figures.