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Banbury Racing Limited

00910983

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

10 Canada Close, Banbury, OX16 2RT
Incorporated 18/07/1967

Previously known as

Stockbridge Racing Limited · until 04/06/2026

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Simon John Perkins

director · Since 25/05/2007

British · England · Age 63

Former

Adam Matthew Perkins

secretary · Resigned 18/03/2026

Persons with Significant Control

Willans Motorsport Limited

75–100% shares

Unit 19, Technology Park, Towcester, OX16 2RT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 21/09/2018Registered 26/09/2018

Change History

officer appointedPERKINS, Simon John
2026-06-09
statusactive
2026-06-09

Active

nameBANBURY RACING LIMITED
2026-06-09

STOCKBRIDGE RACING LIMITED

typeltd
2026-06-09

Private Limited Company

address line110 Canada Close
2026-06-09

10 CANADA CLOSE

post townBanbury
2026-06-09

BANBURY

CompanyRankvs 200+ SIC 29320 peers
68

Financial strength61th percentile among SIC peers · 15/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£143k

Current Liabilities

£60k

Fixed Assets

£18k

7avg. employees-5

Balance Sheet

Assets less current liabilities£111k
Signed by Mr Simon Perkins 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.40-£33k
20231.16-£65k
20211.83

Derived from filed accounts. Not audited figures.