Race Furniture Limited
02454179
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Previously known as
Compliance
Last accounts
30/06/2025
small
Next accounts due
31/03/2027
Confirmation statement
Last: 18/01/2026
Due 01/02/2027
Industry
Officers
director · Since 08/12/2017
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 4 other boards
director · Since 28/02/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 3 other boards
director · Since 30/01/2026
BRITISH · UNITED KINGDOM · Age 57
Also on 3 other boards
Former
director · Resigned 15/09/2008
secretary · Resigned 15/09/2008
director · Resigned 11/09/2009
director · Resigned 24/02/2017
director · Resigned 08/12/2017
secretary · Resigned 08/12/2017
director · Resigned 31/12/2021
secretary · Resigned 31/12/2021
secretary · Resigned 16/01/2026
director · Resigned 16/01/2026
Persons with Significant Control
Ocee International Ltd
Ocee & Four Design, Uk, Liliput Road, Northampton, NN4 7AS
Reg: 10049313 · Companies House · Limited By Shares
Notified 08/12/2017
Frem Group Limited
Seebeck House, 1 Seebeck Place, Milton Keynes, MK5 8FR
Reg: 4087583 · Companies House · Limited By Shares
Notified 08/04/2024
Former PSCs
Mr Stuart William Finlator
Ceased 08/12/2017
Charges3 outstanding
BGF NOMINEES LIMITED (AS SECURITY TRUSTEE)
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
OCEE & FOUR DESIGN, UK
NORTHAMPTON
CompanyRankvs 318+ SIC 31090 peers61
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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 Company, 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 RACE FURNITURE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 2. Accounting policies (continued) 2.3
Key FinancialsYear ending 30/06/2024
Net Worth
£1.0M
Balance sheet strength
Cash
£413k
Cash in the bank
Net Current Assets
£831k
Working capital
Current Assets
£2.7M
Current Liabilities
£1.9M
Fixed Assets
£193k
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.44 | +£78k |
| 2023 | 1.68 | — |
Derived from filed accounts. Not audited figures.