Schumacher Racing Products Limited
02095770
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 31/10/2025
Due 14/11/2026
Industry
Officers
director · Since 02/11/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 88
Also on 1 other board
director · Since 02/11/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 90
Also on 1 other board
director · Since 25/05/2001
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
Persons with Significant Control
Schumacher Racing Holdings Limited
71-73, Tenter Road, Northampton, NN3 6AX
Reg: 12523280 · England And Wales · Private Company Limited By Shares
Notified 19/05/2020
Former PSCs
Mr Cecil Schumacher
Ceased 19/05/2020
Charges1 outstanding
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CompanyRankvs 15+ SIC 32409 peers70
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. Page 3 SCHUMACHER RACING PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 2. Accounting policies (continue
Key FinancialsYear ending 31/03/2020
Net Worth
£2.2M
Balance sheet strength
Cash
£557k
Cash in the bank
Net Current Assets
£2.0M
Working capital
Current Assets
£2.3M
Current Liabilities
£280k
Fixed Assets
£261k
Debtors
£454k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 8.16 |
Derived from filed accounts. Not audited figures.