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Racz Residential Holdings Ltd

12891200

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 10 EVOLUTION, WYNYARD, TS22 5TB
Incorporated 21/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mike Racz

director · Since 21/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Mike Racz

75–100% shares
75–100% votes

British · United Kingdom · Age 44

Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB

Notified 21/09/2020

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 12/10/2023Registered 02/11/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 12/10/2023Registered 13/10/2023

CompanyRankvs 222247+ SIC 68209 peers
25

Financial strength11th percentile among SIC peers · 3/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/09/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£213k

Working capital

Current Assets

£13k

Current Liabilities

£226k

Fixed Assets

£291k

1avg. employees

Balance Sheet

Assets less current liabilities£78k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£7k
20230.07+£2k
20220.01

Derived from filed accounts. Not audited figures.