{"name":"RATCHET STRAPS UK LTD","company_number":"10081607","status":"Active","type":"Private Limited Company","incorporated":"2016-03-23","dissolved":null,"registered_office":"C/O Penney's Accountancy Ltd, Suite 4, The Old Coach House, Grange Court, Grange Road, Tongham, Surrey, England, GU10 1DW","postcode":"GU10 1DW","sic_codes":[{"code":47910,"description":"Retail sale via mail order houses or via Internet"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 April","last_made_up_to":"2025-04-30","next_due":"2027-01-31"},"employees":{"count":4,"accounts_date":"2025-04-30"},"financials":[{"financial_date":"2025-04-30","net_assets":719706,"cash":111330,"average_employees":4},{"financial_date":"2024-03-31","net_assets":629164,"cash":261668,"average_employees":4},{"financial_date":"2023-03-31","net_assets":469795,"cash":60658},{"financial_date":"2022-03-31","net_assets":327598,"cash":54092},{"financial_date":"2021-03-31","net_assets":128394,"cash":152711}],"officers":{"current":2,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Ratchet Straps UK Ltd presents a mixed credit profile: a proven nine-year track record of consistent equity growth demonstrates a viable business model, but the recent £1.83M property acquisition funded by a £1.38M mortgage has fundamentally altered the risk dynamics. The company now carries significant leverage (long-term debt at 196% of net assets) with a balance sheet dominated by an illiquid leasehold asset. While current liquidity remains adequate (current ratio 2.22x), the absence of profit and loss data prevents confirmation that operating cash flows can service the substantial mortgage obligations. Conditional approval is recommended pending provision of full financial statements and satisfactory evidence of debt servicing capability.","website":"https://www.ratchetstrapsuk.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/ratchet-straps-uk","people":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/people","filing_history":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/10081607","financials":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/financial","control":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/control","charges":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ratchet-straps-uk/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/ratchet-straps-uk"}