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Mike Channon Bloodstock Limited

01122298

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 12 outstanding charges (-10)

Details

WEST ILSLEY STABLES, NEWBURY, RG20 7AE
Incorporated 12/07/1973

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

25/09/2026

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

01430
Raising of horses and other equines
93191
Activities of racehorse owners

Officers

Mr Michael Roger Channon

director · Since 15/02/1982

RACEHORSE TRAINER

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Jill Margaret Channon

director · Since 18/10/1994

DIRECTOR

BRITISH · ENGLAND · Age 69

Mr Michael John Channon

director · Since 01/07/1995

SPORT RESEARCHER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Gillian Helen Hedley

director · Since 01/10/1999

MANAGEMENT ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Gillian Helen Hedley

secretary · Since 13/01/2006

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mr Jack Alexander Channon

director · Since 01/04/2020

ASSISTANT TRAINER

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Michael Roger Channon

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

British · England · Age 77

West Ilsley Stables, Newbury, RG20 7AE

Notified 06/04/2016

Charges12 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2015Registered 31/10/2015
charge
outstanding

BARCLAYS BANK PLC

Created 31/08/2007Registered 04/09/2007
charge
outstanding

BARCLAYS BANK PLC

Created 02/07/2003Registered 03/07/2003
charge
outstanding

JACQUELINE PAMELA COGGAN, MARNYA PENELOPE STEWARD AND SARA JANE CRUZELIER

Created 30/05/2003Registered 13/06/2003
charge
outstanding

BARCLAYS BANK PLC

Created 24/02/2003Registered 26/02/2003
charge
outstanding

BARCLAYS BANK PLC

Created 06/10/1999Registered 19/10/1999
charge
outstanding

BARCLAYS BANK PLC

Created 06/10/1999Registered 19/10/1999
charge
outstanding

BARCLAYS BANK PLC

Created 06/10/1999Registered 15/10/1999
charge
outstanding

MILETRIAN PLC

Created 06/10/1999Registered 09/10/1999
charge
outstanding

MICHAEL ROGER CHANNON AND JILL MARGARET CHANNON

Created 10/08/1995Registered 12/08/1995
charge
outstanding

BARCLAYS BANK PLC

Created 11/08/1992Registered 19/08/1992
charge
outstanding

BARCLAYS BANK PLC

Created 05/03/1987Registered 17/03/1987
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/03/1986Registered 13/03/1986Satisfied 11/07/1987

CompanyRankvs 50+ SIC 01430 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.92× · 16/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

£2.5M

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£292k

Working capital

Current Assets

£610k

Current Liabilities

£319k

Fixed Assets

£2.2M

Debtors

£319k

5avg. employees-3

Balance Sheet

Bank loans & overdrafts£425
Signed by 01122298 2024-01-01 2024-12-31 01122298 2024-12-31 01122298 bus: 1 1 2024-12-31 01122298 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.92+£107k
20231.93-£1.4M
20221.62-£434k
20211.77+£2.2M
20201.10-£240k
20191.21-£327k
20181.48+£81k
20171.58

Derived from filed accounts. Not audited figures.