Tim Sugden Motorsport Limited
02703814
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/04/1992
RACING DRIVER
BRITISH · ENGLAND · Age 62
Also on 3 other boards
Persons with Significant Control
Mr Timothy Philip Sugden
British · England · Age 62
Ground Floor,, Techno Centre, Horsforth, LS18 5BJ
Notified 03/04/2017
CompanyRankvs 142+ SIC 93199 peers88
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£260k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£256k
Working capital
Current Assets
£308k
Current Liabilities
£52k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.95 | -£8k |
| 2023 | 2.29 | -£14k |
| 2022 | 2.21 | -£20k |
| 2021 | 1.93 | -£5k |
| 2020 | 1.40 | -£66k |
| 2019 | 1.58 | +£10k |
| 2018 | 1.61 | — |
Derived from filed accounts. Not audited figures.