# RACK STORAGE SYSTEMS LIMITED (01881822)

> RACK STORAGE SYSTEMS LIMITED is an active private limited company (company number 01881822) incorporated on 31 January 1985, registered in Welwyn Garden City. Its registered activity is non-specialised wholesale trade (SIC 46900). Latest small accounts cover the period ending 30 September 2025, showing net assets of £120k and cash of £223k, with 7 employees on average. Net assets rose 16% on the prior period (£103k).

- Status: Active
- Incorporated: 1985-01-31
- Registered office: Welwyn Garden City, AL7 4SS
- SIC 46900: Non-specialised wholesale trade
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-02-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 148 comparable companies in Hertfordshire (median £8,293, upper quartile £154k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £120k | £223k | £126k | £260k | — | — | 7 |
| 2024-09-30 | £103k | £145k | £43k | £110k | — | — | 8 |

current ratio 1.41; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £120,223 at 30 September 2025
- Net assets up 10% or more on the prior period: +16.4% vs prior period
- Cash at bank of £50,000 or more: Cash £222,633
- Incorporated five or more years ago: Incorporated 31 January 1985

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paul Smith — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01881822
HTML: https://firmoscan.com/company/01881822-rack-storage-systems-limited