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Raceline Limited

02391021

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

STERLING HOUSE, REDHILL, RH1 6RW
Incorporated 01/06/1989

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/06/2025

Due 15/06/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Ronald Alfred Smith

secretary · Since 01/06/1991

BRITISH

Also on 1 other board

Mr Christopher Hugh Smith

director · Since 01/06/1991

SALES MANAGER

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Christopher Hugh Smith

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

British · England · Age 59

6 Raeburn Close, Hampton Wick, Kingston, KT1 4HL

Notified 06/04/2016

CompanyRankvs 311+ SIC 29320 peers
72

Financial strength51th percentile among SIC peers · 13/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.41× · 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 strength13/25 pts

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

Employees9/15 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 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£449k

Working capital

Current Assets

£532k

Current Liabilities

£83k

Fixed Assets

£9k

Debtors

£120k

2avg. employees

Tax at Year End(2021)

Dividends paid£25k

Balance Sheet

Assets less current liabilities£458k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20256.41
20256.41
20242.66
20233.99
20223.37
20213.83
20203.59
20193.22
20172.51

Derived from filed accounts. Not audited figures.