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Mike Lane (Racing) Limited

01438856

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

16 QUEEN STREET, ILKESTON, DE7 5GT
Incorporated 20/07/1979

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 23/11/2025

Due 07/12/2026

On track

Industry

32990
Other manufacturing

Officers

Michael Kenneth Lane

director · Since 30/09/1991

ENGINEER

BRITISH · ENGLAND · Age 74

Also on 1 other board

Persons with Significant Control

Mike Lane

significant-influence-or-control-as-trust

British · England · Age 74

16, Queen Street, Ilkeston, DE7 5GT

Notified 06/04/2016

CompanyRankvs 12014+ SIC 32990 peers
34

Financial strength16th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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12014Mike Lane (Racing) Limited
34
How is this score calculated?
Financial strength4/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£371

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£371

Working capital

Current Assets

—

Current Liabilities

£371

Director Loans

Company owes directors£371

Balance Sheet

Assets less current liabilities-£371
Signed by Mr Mike Lane 11 May 2026Prepared with Acorah Software Products - Accounts Production