Project Rainbow Bidco Limited
12970476
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 9 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2020
PARTNER AND CHIEF INVESTMENT OFFICER
BRITISH · ENGLAND · Age 63
Also on 1 other board
director · Since 20/02/2025
DIRECTOR AND CHAIRMAN
BRITISH · ENGLAND · Age 49
Also on 11 other boards
director · Since 03/05/2026
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Project Rainbow Topco Limited
The Hamlet, Hornbeam Park, Harrogate, HG2 8RE
Reg: 12970454 · Companies House · Private Limited Company
Notified 04/11/2020
Former PSCs
Inhoco Formations Limited
Ceased 04/11/2020
Charges9 outstanding
NORTHEDGE CAPITAL LLP AS SECURITY AGENT
NORTHEDGE CAPITAL LLP (AS SECURITY AGENT)
NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES
NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES
NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES
NORTHEDGE CAPITAL LLP (AS SECURITY AGENT)
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
NORTHEDGE CAPITAL LLP (ACTING AS SECURITY AGENT)
CompanyRankvs 55389+ SIC 64209 peers6
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2024
Net Worth
-£1.9M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£6.2M
Bottom line earnings
Net Current Assets
-£5.4M
Working capital
Current Assets
£323k
Current Liabilities
£5.8M
Fixed Assets
£12.6M
Debtors
£323k
Admin Expenses
£9k
Operating Profit
-£125k
Profit After Tax
-£6.2M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.06 | +£17.9M |
| 2023 | 0.12 | -£17.1M |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.