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Race Engine Component Limited

02092487

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

KINGSWOOD FARM, ALBRIGHTON, WV7 3AQ
Incorporated 22/01/1987

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 11/03/2026

Due 25/03/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Amy Elizabeth Ivey

secretary · Since 08/04/1992

BRITISH · UNITED KINGDOM · Age 80

Also on 1 other board

Mr Jon-Paul Ivey

director · Since 19/12/2014

DRIVING INSTRUCTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Amy Elizabeth Ivey

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

British · England · Age 81

Kingswood Farm, Albrighton, WV7 3AQ

Notified 07/06/2022

Mr Jon-Paul Ivey

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

British · England · Age 54

Kingswood Farm, Kingswood Road Kingswood, Albrighton, WV7 3AQ

Notified 29/08/2025

Former PSCs

Mr Paul David Ivey

Ceased 29/08/2025

CompanyRankvs 243+ SIC 29320 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 10.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£997k

Balance sheet strength

Cash

£820k

Cash in the bank

Net Current Assets

£992k

Working capital

Current Assets

£1.1M

Current Liabilities

£108k

Fixed Assets

£7k

Debtors

£236k

0avg. employees

Balance Sheet

Assets less current liabilities£999k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202510.16
20249.26
202015.01-£1k
201911.01

Derived from filed accounts. Not audited figures.