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Tir Prince Raceway Limited

02287227

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 11 outstanding charges (-10)

Details

TOWYN ROAD, ABERGELE, LL22 9NW
Incorporated 15/08/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

92000
Gambling and betting activities
93110
Operation of sports facilities
93210
Activities of amusement parks and theme parks
93290
Other amusement and recreation activities

Officers

Mr Adam James Williams

director · Since 18/12/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 31 other boards

Mr Adam James Williams

secretary · Since 30/09/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 31 other boards

Mrs Alison Williams

director · Since 30/01/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 7 other boards

Persons with Significant Control

Mr Adam James Williams

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

British · United Kingdom · Age 50

The White House, St George, Abergele, LL22 9BU

Notified 06/04/2017

Charges11 outstanding

Charge
outstanding

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Created 30/04/2021Registered 04/05/2021
Charge
outstanding

DBW INVESTMENTS (10) LIMITED

Created 23/06/2020Registered 26/06/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 27/04/2015Registered 28/04/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 06/05/2014Registered 14/05/2014
charge
outstanding

BARCLAYS BANK PLC

Created 02/07/2012Registered 05/07/2012
charge
outstanding

BARCLAYS BANK PLC

Created 21/05/2010Registered 25/05/2010
charge
outstanding

BARCLAYS BANK PLC

Created 08/01/2008Registered 09/01/2008
charge
outstanding

BARCLAYS BANK PLC

Created 21/01/2003Registered 25/01/2003
charge
outstanding

BARCLAYS BANK PLC

Created 21/01/2003Registered 25/01/2003
charge
outstanding

BARCLAYS BANK PLC

Created 14/11/2002Registered 20/11/2002
charge
outstanding

BARCLAYS BANK PLC

Created 12/02/2002Registered 18/02/2002
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 13/04/2000Registered 13/04/2000Satisfied 27/06/2013
charge
satisfied

FORWARD TRUST GROUP LIMITED

Created 16/06/1997Registered 16/06/1997Satisfied 27/06/2013
charge
satisfied

FORWARD TRUST GROUP LIMITED

Created 30/04/1997Registered 30/04/1997Satisfied 27/06/2013
charge
satisfied

MIDLAND BANK PLC

Created 08/03/1996Registered 12/03/1996Satisfied 28/10/2003
charge
satisfied

MIDLAND BANK PLC

Created 12/07/1993Registered 13/07/1993Satisfied 28/10/2003
charge
satisfied

MIDLAND BANK PLC

Created 30/03/1990Registered 20/04/1990Satisfied 28/10/2003
charge
satisfied

MIDLAND BANK PLC

Created 15/03/1990Registered 21/03/1990Satisfied 12/07/1994

CompanyRankvs 166+ SIC 92000 peers
51

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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166Tir Prince Raceway Limited
71
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 28/02/2025

Net Worth

£4.6M

Balance sheet strength

Cash

£95k

Cash in the bank

Net Current Assets

-£2.7M

Working capital

Current Assets

£1.7M

Current Liabilities

£4.4M

Fixed Assets

£8.4M

Debtors

£1.6M

Profit After Tax

£396k

154avg. employees-8

Tax at Year End

Corp tax£11k
Dividends paid£2k

People Costs(2021)

Wages & salaries£1.3M

Balance Sheet

Bank loans & overdrafts£195k
Assets less current liabilities£5.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£82k
20240.39-£318k
20230.37-£312k
20220.72+£208k
20210.73-£51k
20200.45—

Derived from filed accounts. Not audited figures.