The Firmwatch take
Racz Homes Ltd is a 3-year-old construction main contractors, active on the Companies House register. The latest filed accounts (year to 29 October 2024) show -GBP 20k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
14 October 2022
3 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
−£20k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£20k
Bottom 10% in sector · sector median £1k · 86,521 filers in this sector
Cash
Not disclosed
Working cap.
£886k
Median £4k
Current ratio
2.2×
Median 1.1×
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Sector benchmark · Construction Main Contractors
How this company compares in 86,521 filers in this sector
Bottom 10% in sector — Racz Homes Ltd shows −£20k in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · TS22 5TB
670 other UK companies registered at this postcode.
Active
570
Dissolved
12
Strike-off action
81
People
Who runs this company
- RM
RACZ, Mike
director · since 2022
Registered office
Address intelligence
670 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.