Ray Lettings Limited
12937048
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2025
micro entity
Next accounts due
31/07/2027
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
Persons with Significant Control
Mr Martin Ray
British · England · Age 56
Sovereign House, Graham Road, Harrow, HA3 5RF
Notified 08/10/2020
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
Change History
Active
Private Limited Company
SOVEREIGN HOUSE
HARROW
CompanyRankvs 203209+ SIC 68209 peers28
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£85k
Working capital
Current Assets
£517
Current Liabilities
£85k
Fixed Assets
£320k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.01 |
| 2024 | 0.01 |
| 2023 | 0.01 |
Derived from filed accounts. Not audited figures.