RATCHET STRAPS UK LTD

Company number 10081607 ·

Active

Executive summary

Ratchet Straps UK Ltd presents a mixed credit profile: a proven nine-year track record of consistent equity growth demonstrates a viable business model, but the recent £1.83M property acquisition funded by a £1.38M mortgage has fundamentally altered the risk dynamics. The company now carries significant leverage (long-term debt at 196% of net assets) with a balance sheet dominated by an illiquid leasehold asset. While current liquidity remains adequate (current ratio 2.22x), the absence of profit and loss data prevents confirmation that operating cash flows can service the substantial mortgage obligations. Conditional approval is recommended pending provision of full financial statements and satisfactory evidence of debt servicing capability.

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Shareholders' funds

£719,686

Balance sheet as at 2025-04-30

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Overview

Company type
Private Limited Company
Incorporated
2016-03-23
Employees
4 (2025 accounts)
Registered office
C/O Penney's Accountancy Ltd, Suite 4, The Old Coach House, Grange Court, Grange Road, Tongham, Surrey, England, GU10 1DW
Postcode
GU10 1DW
Capital
20 GBP
Accounts category
Total Exemption Full
Charges
0 outstanding

Accounts

Last made up to
2025-04-30
Next due by
2027-01-31
Financial year end
30 April

Confirmation statement

Last statement dated
2026-02-26
Next due by
2027-03-12
View filing history →

Nature of business (SIC)

  • 47910 Retail sale via mail order houses or via Internet

Officers 2 current

Appointed 2016-03-23
Appointed 2016-03-23

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Data protection registration

Registered with the ICO as a data protection fee payer — ZB692587 (Tier 1), registered since 2024.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
ratchetstrapsuk.co.uk
Phone
03332027110

Ratchet Straps UK - ratchet straps, lifting slings and safety work wear with free delivery on orders over £100 - best prices on cargo straps, tie down straps & lashing systems.

Previous registered addresses 1

AddressChanged on
SOUTH BUILDING UPPER FARM, WOOTTON ST. LAWRENCE, BASINGSTOKE, RG23 8PE, UNITED KINGDOM2018-11-27

Among its peers

Top 5%

by shareholders' funds, of 581 similar companies in GU

Among the biggest employers among its local peers (4 staff).

Among the oldest 25% of its local peers, trading since 2016.

No.12 of the largest retail sale via mail order houses or via internet companies in Guildford →

Competitors Guildford

This company ranks 12 among retail sale via mail order houses or via internet in Guildford.

Full league table →

The class of 2016

22%

of the 8,351 companies in this sector incorporated in 2016 are still active today; 74% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 2 titles

Freehold
2
Most recent registration
2025-01-16
Price paid, where recorded
£960,000
Where
West Berkshire (2)
Title numberCounty Tenure RegisteredPrice paid
BK493174 West Berkshire Freehold 2025-01-16 £960,000
BK538779 West Berkshire Freehold 2025-01-16

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.