The Firmwatch take
Rackwise Limited (SC624446) currently shows: No major warning signs in the latest extracted accounts, based on accounts to 31 March 2025; last refreshed 24 May 2026. No distress signals. Accounts cover the period ending 31 Mar 2025.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
14 March 2019
7 years on the register
Sector
Repair and installation of machinery and equipment
SIC 33190 · matched to division
Size
Not classified
Net assets
£109k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
4/100
low risk
Estimated public-data value
£82,042 - £147,675
medium confidence - net asset range
Sector comparison
Sector: Other Manufacturing
Sample: 36,698 companies
Negative net assets: 15.3%
- Net assets vs sector median
- £102,943
- Working capital vs sector median
- £101,904
- Sector median current ratio
- 1.36
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Top 10% in sector · Sector medians shown for 36,698 filers in this sector (2025).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£183,297
Current liabilities
Amounts due within one year (short-term creditors).
£73,553
Working capital
Current assets minus current liabilities.
£109,744
Median £8k
Fixed assets
Long-term tangible and intangible assets.
£50
Total assets less current liabilities
Fixed assets plus working capital.
£109,794
Net assets
What's left after liabilities are deducted from assets.
£109,389
Median £6k
Equity (capital & reserves)
Shareholder funds.
£109,389
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
2.5×
Median 1.4×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.