UK Companies House feature
RATIO VENTURES LIMITED
Cash
£238K
+157.5% vs 2023
Net assets
£4M
-0.4% vs 2023
Employees
7
0% vs 2023
Profit before tax
-£15K
+68.4% vs 2023
Profile
- Company number
- 10491416
- Status
- Active
- Incorporation
- 2016-11-22
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66300
- Hubs
- UK Fintech
Net assets
7-year trend · vs UK Fintech median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £2,821,024 | £3,009,268 | |
| Operating profit | — | — | — | — | — | -£125,318 | -£107,116 | |
| Profit before tax | — | — | — | — | — | -£48,358 | -£15,267 | |
| Net profit | — | — | £711,762 | £1,000,588 | — | -£38,232 | -£15,267 | |
| Cash | £53,730 | — | £443,869 | £2,504,919 | £2,504,918 | £92,226 | £237,506 | |
| Total assets less current liabilities | -£192,187 | — | £3,099,072 | £4,109,786 | — | £4,061,428 | £4,046,161 | |
| Net assets | — | — | £3,099,072 | £4,099,660 | — | £4,061,428 | £4,046,161 | |
| Equity | -£192,187 | £2,387,310 | £3,099,072 | £4,099,660 | £4,099,660 | £4,061,428 | £4,046,161 | |
| Average employees | 3 | — | 5 | 5 | — | 7 | 7 | |
| Wages | — | — | — | — | — | £1,463,147 | £2,135,266 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HEWITSON, Bruce Craig, Mr. | Director | 2020-06-23 | Sep 1977 | British |
| INNOCENTI, Lorenzo Ferdinando | Director | 2016-11-22 | Dec 1981 | Italian |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Lorenzo Ferdinando Innocenti | Individual | significant-influence-or-control-as-trust | 2023-12-15 | Active |
| Mr Lorenzo Ferdinando Innocenti | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-22 | Ceased 2021-01-22 |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-10 | AA | accounts | accounts with accounts type full |
| 2025-02-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-13 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2025-02-13 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2024-10-14 | AAMD | accounts | accounts amended with accounts type small |
| 2024-07-22 | AA | accounts | accounts with accounts type small |
| 2024-02-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-02 | AA | accounts | accounts with accounts type small |
| 2023-02-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-16 | CH01 | officers | change person director company with change date |
| 2022-05-25 | AA | accounts | accounts with accounts type total exemption full |
| 2022-02-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-21 | CH01 | officers | change person director company with change date |
| 2021-04-20 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2021-04-19 | SH01 | capital | capital allotment shares |
| 2021-04-12 | AA | accounts | accounts with accounts type total exemption full |
| 2021-02-24 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2021-02-24 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-02-22 | CS01 | confirmation-statement | confirmation statement |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.82
DISTRESS
Altman Z″
- Working capital / Total assets -0.172 × 6.56 = -1.13
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.018 × 6.72 = -0.12
- Book equity / Total liabilities 1.968 × 1.05 = +2.07
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
20.2
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 50
- Accounts trajectory 57
- 2 filing(s) in last 12 months
- Employees +0% YoY
- Turnover +7% YoY