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Folkestone Race Course Limited

00061159

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

4TH FLOOR MILLBANK TOWER, LONDON, SW1P 4QP
Incorporated 18/03/1899

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/06/2025

Due 22/06/2026

On track

Industry

93110
Operation of sports facilities

Officers

Mr Stephane Abraham Joseph Nahum

director · Since 30/03/2012

PRIVATE EQUITY

FRENCH · UNITED KINGDOM · Age 50

Also on 243 other boards

Ms Megan Joy Hill

secretary · Since 23/04/2012

Persons with Significant Control

Arena Leisure Racing Limited

75–100% shares
75–100% votes
Appoint directors

Millbank Tower, 21-24 Millbank, London, SW1P 4QP

Reg: 05960353 · Companies House · Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TFB (MORTGAGES) LIMITED

Created 21/02/2014Registered 27/02/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/06/1999Registered 25/06/1999Satisfied 30/01/2014
charge
satisfied

MIDLAND BANK PLC

Created 21/01/1991Registered 23/01/1991Satisfied 29/04/1998
charge
satisfied

MIDLAND BANK PLC

Created 21/01/1991Registered 23/01/1991Satisfied 11/01/1997
charge
satisfied

MIDLAND BANK PLC

Created 14/01/1991Registered 17/01/1991Satisfied 12/05/1998
charge
outstanding

HORSERACE BETTING LEVY BOARD.

Created 18/10/1989Registered 23/10/1989

CompanyRankvs 6830+ SIC 93110 peers
55

Financial strength74th percentile among SIC peers · 19/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£91k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£6k

Bottom line earnings

Net Current Assets

£91k

Working capital

Current Assets

£163k

Current Liabilities

£72k

Debtors

£163k

Profit After Tax

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£91k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20242.25

Derived from filed accounts. Not audited figures.