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Rackcityribs Ltd

12904156

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 25/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Keon Trevin Cilly

director · Since 25/09/2020

DIRECT

BRITISH · UNITED KINGDOM · Age 34

Also on 3 other boards

Mr Joseph Naughton

director · Since 08/08/2023

UNEMPLOYED

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Joseph Naughton

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

British · England · Age 34

20 B, Hornsey Lane Gardens, London, N6 5PB

Notified 25/09/2020

Mr Keon Trevin Cilly

25–50% shares
25–50% votes

British · United Kingdom · Age 34

128, City Road, London, EC1V 2NX

Notified 01/06/2024

CompanyRankvs 22338+ SIC 56102 peers
35

Financial strength11th percentile among SIC peers · 3/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.5× · 6/20
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 strength3/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

-£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£29k

Current Liabilities

£58k

Fixed Assets

£17k

2avg. employees

Balance Sheet

Assets less current liabilities-£11k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50-£49k
20230.05+£8k
2022Infinity-£1k
2021Infinity

Derived from filed accounts. Not audited figures.