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Majorracks Ltd

15525319

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

OFFICE 4 2-3 CROMWELL CENTRE, ILFORD, IG6 3UT
Incorporated 27/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Shane Robert Haslam

director · Since 27/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 23

Mr Muhammad Ishtiaq

director · Since 16/05/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Persons with Significant Control

Shane Robert Haslam

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

British · United Kingdom · Age 23

Office 4, 2-3 Cromwell Centre, Ilford, IG6 3UT

Notified 27/02/2024

Mr Muhammad Ishtiaq

25–50% shares
25–50% votes

British · United Kingdom · Age 24

Office 4, 2-3 Cromwell Centre, Ilford, IG6 3UT

Notified 16/05/2025

CompanyRankvs 40878+ SIC 62090 peers
43

Financial strength54th percentile among SIC peers · 14/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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40878Majorracks Ltd
39
How is this score calculated?
Financial strength14/25 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.

Longevity2/15 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 28/02/2026

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£3k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20260.51
20250.40
20250.40

Derived from filed accounts. Not audited figures.