Back to search

Classfree Limited

02691232

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE CIRCUIT RACEWAY BABBAGE ROAD, ENGINEER PARK, DEESIDE, CH5 2QD
Incorporated 27/02/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Luke Murray

director · Since 12/06/2025

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Apex Kart Ltd

75–100% shares

Apex Kart Ltd, The Circuit Raceway, 26 Babbage Road, Sandycroft

Reg: 09436632 · England And Wales Registry · Private Limited Company

Notified 18/11/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 18/11/2015Registered 23/11/2015Satisfied 28/04/2022
charge
satisfied

BARCLAYS BANK PLC

Created 19/12/2003Registered 30/12/2003Satisfied 09/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 22/02/2002Registered 26/02/2002Satisfied 09/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 03/01/2002Registered 15/01/2002Satisfied 09/09/2015

CompanyRankvs 115+ SIC 93290 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 13.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Stratford-On-Avon Racecourse Company Limited
90
2Clovelly Estate Company Limited(The)
90
3The Feathers Association
90
4Parkin Estates Ltd.
90
5Seashore Enterprises (Porthcawl) Limited
90
6Leisure Box Limited
90
7Heights Of Abraham (Matlock Bath) Limited
90
8Billy Manning Limited
90
9R.W.Kidner (Farms) Limited
90
10Longleat Enterprises Limited
90
115Classfree Limited
88
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.

Employees14/15 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 31/08/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£97k

Fixed Assets

£96k

Debtors

£1.0M

17avg. employees+3

Balance Sheet

Assets less current liabilities£1.3M
Signed by C Ghellamallah 21 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202413.78+£25k
202318.04+£128k
202213.95+£110k
202113.59+£75k
202026.96-£30k
201923.22-£5k
201821.41—

Derived from filed accounts. Not audited figures.