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Raynaya Law Ltd

14507430

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)
  • Going concern doubt noted in accounts (-10)

Details

72-74 BRADSHAWGATE, BOLTON, BL1 1QQ
Incorporated 25/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Abid Khan

director · Since 25/11/2022

BARRISTER AT LAW

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Mr Zahid Khan

director · Since 27/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Abid Khan

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

British · England · Age 39

C/O Black Swan Tax Advisers 5th Floor, Horton House, Liverpool, L2 3PF

Notified 25/11/2022

CompanyRankvs 8550+ SIC 69102 peers
20

Financial strength2th percentile among SIC peers · 1/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8550Raynaya Law Ltd
29
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.

Employees8/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. - 5 - Raynaya Law Ltd Notes to the Accounts for the year ended 30 November 2024 Going concern The financial statements have been prepared on a going concern basis. The directors have assessed the company's ability to continue operating for the foreseeable future, considering

Key FinancialsYear ending 30/11/2024

Net Worth

-£53k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£29k

Current Liabilities

£88k

Fixed Assets

£8k

Debtors

£23k

2avg. employees

Balance Sheet

Assets less current liabilities-£51k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.