RAYLEX LTD
Company number 08590850 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
RAYLEX LTD occupies a niche position within the UK soft drinks and bottled water sector, operating as what appears to be an import and distribution business rather than a traditional manufacturer, as evidenced by its absence of fixed assets, minimal workforce of four employees, and international director base. The company has demonstrated a commendable recovery from negative net assets in FY2019 to £924K by FY2024, supported by strong liquidity of £776K in cash, though this must be weighed against deep accumulated losses of £2.9M that consumed most of the £3.85M share premium capital injected by shareholders. While the current financial trajectory is positive and the balance sheet is substantially de-leveraged, the company's small scale, overdue accounts, and the challenging competitive dynamics of the UK beverage market—where premiumisation offers opportunity but retail concentration and rising input costs present headwinds—mean RAYLEX remains a vulnerable niche player requiring careful strategic execution to sustain its recent improvement.
Shareholders' funds
£3,845,301
Balance sheet as at 2024-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-07-01
- Employees
- 4 (2024 accounts · was 5 in 2023)
- Registered office
- 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN
- Postcode
- EC2V 6DN
- Capital
- 2,367 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-07-31
- Next due by
- 2026-07-28 Overdue
- Financial year end
- 27 July
Confirmation statement
- Last statement dated
- 2026-07-17
- Next due by
- 2027-07-31
Nature of business (SIC)
- 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters
Officers 5 current · 1 resigned
Group structure 2 subsidiaries
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB515751 (Tier 1), registered since 2023.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| FLAT 2305 LANDMARK WEST, 22 MARSH WALL, LONDON, E14 9AL | 2017-02-28 |
Among its peers
Top 5%
by shareholders' funds, of 31 similar companies in EC
2nd largest employer among its local peers (4 staff).
The oldest of its local peers, trading since 2013.
Competitors London
This company ranks 1 among manufacture of soft drinks; production of mineral waters and other bottled waters in London.
The class of 2013
23%
of the 530,499 companies incorporated in 2013 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.