# RACKO LIMITED (12327849)

> RACKO LIMITED is an active private limited company (company number 12327849) incorporated on 21 November 2019, registered in Colchester. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 30 November 2024, showing net assets of −£72k, with 1 employee on average. Net assets fell 38% on the prior period (−£52k).

- Status: Active
- Incorporated: 2019-11-21
- Registered office: Colchester, CO1 1QT
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 46900: Non-specialised wholesale trade
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-12-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 566 comparable companies in Essex (median £2,128, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | −£72k | — | £666 | £81k | — | — | 1 |
| 2023-11-30 | −£52k | — | £663 | £60k | — | — | 1 |

current ratio 0.52; size band micro.

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

- Net assets below zero: Net assets £-72,454 at 30 November 2024
- Net assets down 25% or more on the prior period: -38.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.52
- Incorporated five or more years ago: Incorporated 21 November 2019
- Accounts past their due date: Due 30 August 2026

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

## Persons with significant control

- Philip Mark Mckelvey — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-11-21

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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/12327849
HTML: https://firmoscan.com/company/12327849-racko-limited