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Racelogic Limited

02743719

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 10,, BUCKINGHAM, MK18 1TB
Incorporated 28/08/1992

Compliance

Last accounts

30/09/2024

group

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Kevin Bursnall

director · Since 10/10/2006

British

Ian Michael Jones

director · Since 27/04/2012

British

Graham Robert Mackie

director · Since 21/02/2011

British

Martin Christopher Papps

director · Since 01/12/2021

British

Christopher Smith

director · Since 02/10/1998

British

Julian Andrew David Thomas

director · Since 01/09/1992

British

Former

Suzanne Brewer

nominee secretary · Resigned 01/09/1992

Melanie Jane Marshall

secretary · Resigned 03/03/2026

Melanie Thomas

secretary · Resigned 04/12/2002

Kevin Brewer

nominee director · Resigned 01/09/1992

Amanda Jane Clifton

director · Resigned 03/03/2026

Leander Manfred Speth

director · Resigned 04/11/2016

Harry Fraser Thuillier

director · Resigned 03/03/2026

CompanyRankvs 105+ SIC 26511 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.86× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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.

Risk deductions

Going concern doubt: -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 30/09/2024

Net Worth

£9.0M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Net Current Assets

£7.5M

Working capital

Current Assets

£9.5M

Current Liabilities

£1.9M

Fixed Assets

£1.5M

Debtors

£2.6M

Profit After Tax

£2.7M

122avg. employees

Tax at Year End

Corp tax£163k
Dividends paid£2.4M

Balance Sheet

Intangible assets£167k
Assets less current liabilities£9.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20244.86

Derived from filed accounts. Not audited figures.