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Rain Commercial Ltd

14482738

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

UNIT 8, 28, OTTERY ST. MARY, EX11 1AD
Incorporated 14/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr David Charles Atkinson

director · Since 14/11/2022

DIRECTOR

AUSTRALIAN · ENGLAND · Age 46

Also on 2 other boards

Mr Joshua Karl Simon Hardy

director · Since 14/11/2022

SOFTWARE ENGINEER

AUSTRALIAN · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mr David Charles Atkinson

25–50% shares
25–50% votes
Appoint directors

Australian · England · Age 46

Unit 8, 28, Mill Street, Ottery St. Mary, EX11 1AD

Notified 14/11/2022

David Stuart Meister

25–50% shares
25–50% votes
Appoint directors

Australian · Georgia · Age 39

Unit 8, 28, Mill Street, Ottery St. Mary, EX11 1AD

Notified 14/11/2022

Mr Joshua Karl Simon Hardy

25–50% shares
25–50% votes
Appoint directors

Australian · England · Age 39

Unit 8, 28, Mill Street, Ottery St. Mary, EX11 1AD

Notified 14/11/2022

CompanyRankvs 53234+ SIC 62012 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

Longevity4/15 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 30/11/2024

Net Worth

-£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£136k

Current Liabilities

£166k

Fixed Assets

£4k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£26k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.82-£45k
20230.72

Derived from filed accounts. Not audited figures.