Back to search

Radaaco Uk Limited

13365657

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

SYNERGY HOUSE 4TH FLOOR, LONDON, WC1B 5AA
Incorporated 29/04/2021

Compliance

Last accounts

30/04/2024

micro entity

Next accounts due

31/01/2026

Overdue

Confirmation statement

Last: 28/04/2025

Due 12/05/2026

Overdue

Industry

46900
Non-specialised wholesale trade

Officers

Redford Secretarial Services Limited

secretary · Since 29/04/2021

Also on 32 other boards

Mr Michael Ofori Asante

director · Since 29/04/2021

COMPANY DIRECTOR

GHANAIAN · ENGLAND · Age 52

Persons with Significant Control

Mr Michael Ofori Asante

Significant control

Ghanaian · United Kingdom · Age 52

Synergy House 4th Floor, 114 -118 Southampton Row, London, WC1B 5AA

Notified 29/04/2021

CompanyRankvs 18606+ SIC 46900 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

Longevity5/15 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 30/04/2024

Net Worth

-£104k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£99k

Working capital

Current Assets

£30k

Current Liabilities

£129k

2avg. employees

Balance Sheet

Assets less current liabilities-£99k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£50k
20230.40

Derived from filed accounts. Not audited figures.