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Rainingbits Ltd

14523775

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 05/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Diego Magrini

director · Since 05/12/2022

COMPANY DIRECTOR

ITALIAN · UNITED KINGDOM · Age 36

Also on 1 other board

Persons with Significant Control

Mr Diego Magrini

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

Italian · United Kingdom · Age 36

20-22, Wenlock Road, London, N1 7GU

Notified 05/12/2022

Mr Patrik Nemeth

25–50% shares
25–50% votes

Hungarian · Hungary · Age 34

36, Rafail Santi, Larnaca

Notified 21/05/2026

Former PSCs

Nerdaero Holding Ltd

Ceased 21/05/2026

CompanyRankvs 14495+ SIC 62012 peers
65

Financial strength80th percentile among SIC peers · 20/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 99.93× · 20/20
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 strength20/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£42k

Current Liabilities

£424

1avg. employees

Balance Sheet

Assets less current liabilities£42k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202499.93+£31k

Derived from filed accounts. Not audited figures.