Company Overview
Raymac Signs Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 04 September 2002, so this is a well established company. Raymac Signs Limited has been in business for 23 years and 7 months. The accounts status is micro entity and the accounts are next due on Wednesday 30 July 2025.
Registered Address

C/O Kpm Business Recovery & Insolvency Limited Little Bursdon, Hartland, Bideford, Devon, EX39 6HB
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Companies House Data
Company NameRAYMAC SIGNS LIMITED
Company Number04525901
Registered Office AddressC/O Kpm Business Recovery & Insolvency Limited Little Bursdon
 Hartland
 EX39 6HB
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date04/09/2002
Accounting Reference Date Day30
Accounting Reference Date Month10
Accounts Next Due Date30/07/2025
Accounts Last Made Up Date31/10/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date02/10/2016
Returns Last Made Up Date04/09/2015
Directors & Members
Show Resigned
Ali Hornby - Director
(British, 48 years old, born April 1978)
Appointed 07 June 2023
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Oct-2023 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 55,717 55,717 81,721
Current Assets 209,369 209,369 167,238
Creditors Due Within One Year 195,129 195,129 145,679
Working Cap 14,240 14,240 21,559
Total Assets Less Current Liabilities 69,957 69,957 103,280
Long-term Liabilities 68,327 68,327 89,567
Net Assets 1,630 1,630 13,713
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,630 1,630 13,713
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2023 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 21.0% 21.0% 32.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 79.0% 79.0% 67.2%
Creditors Due Within One Year 73.6% 73.6% 58.5%
Net Current Assets Liabilities 5.4% 5.4% 8.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.6% 0.6% 5.5%
Capital Employed - - -
Total Assets Less Current Liabilities 26.4% 26.4% 41.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2023 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.1 1.1 1.1
Solvency Ratio 1.0 1.0 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2023 31-Oct-2022 31-Oct-2021
Assets 265,086 265,086 248,959
Debt 263,456 263,456 235,246
Net Assets/Debt 1,630 1,630 13,713

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Return of final meeting in a creditors' voluntary winding up
Statement of affairs
Registered office address changed from Unit 2, Beckside Court Annie Reed Road Beverley HU17 0LF England to C/O Kpm Business Recovery & Insolvency Limited Little Bursdon Hartland Bideford Devon EX39 6HB on 4 December 2024
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 15 February 2024 with no updates
Cessation of Andrew Stephen Hayes as a person with significant control on 7 June 2023
Termination of appointment of Andrew Stephen Hayes as a director on 7 June 2023
Notification of Ali Jill Hornby as a person with significant control on 7 June 2023
Appointment of Mrs Ali Jill Hornby as a director on 7 June 2023
Confirmation statement made on 15 February 2023 with no updates
Confirmation statement made on 15 February 2022 with updates
Change of details for Mr Andrew Stephen Hayes as a person with significant control on 26 January 2022
Director's details changed for Mr Andrew Stephen Hayes on 26 January 2022
Previous accounting period shortened from 31 October 2020 to 30 October 2020
Confirmation statement made on 15 February 2021 with no updates
Change of details for Mr Andrew Stephen Hayes as a person with significant control on 27 July 2020
Director's details changed for Mr Andrew Stephen Hayes on 27 July 2020
Confirmation statement made on 15 February 2020 with no updates
Registered office address changed from Prospect Works Showfield Lane Malton YO17 6BT United Kingdom to Unit 2, Beckside Court Annie Reed Road Beverley HU17 0LF on 6 February 2020

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