Race Engine Component Limited
02092487
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 11/03/2026
Due 25/03/2027
Industry
Officers
secretary · Since 08/04/1992
BRITISH · UNITED KINGDOM · Age 80
Also on 1 other board
director · Since 19/12/2014
DRIVING INSTRUCTOR
BRITISH · ENGLAND · Age 54
Also on 2 other boards
Persons with Significant Control
Amy Elizabeth Ivey
British · England · Age 81
Kingswood Farm, Albrighton, WV7 3AQ
Notified 07/06/2022
Mr Jon-Paul Ivey
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 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.16 | — |
| 2024 | 9.26 | — |
| 2020 | 15.01 | -£1k |
| 2019 | 11.01 | — |
Derived from filed accounts. Not audited figures.