Phillips Racing Limited
02764551
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 13/11/1992
RACEHOUSE TRAINER
BRITISH · Age 67
Also on 1 other board
director · Since 13/11/1992
RACEHORSE TRAINER
BRITISH · ENGLAND · Age 67
Also on 1 other board
Persons with Significant Control
Mr Richard Timothy Phillips
British · England · Age 62
Orchard Cottage, Adlestrop, Moreton In Marsh, GL56 0YL
Notified 06/04/2016
Mr Michael Thomas Phillips
British · England · Age 67
2 Stable Cottages, Adlestrop, Moreton In Marsh, GL56 0YN
Notified 06/04/2016
Charges1 outstanding
AIB GROUP (UK) P.L.C.
CompanyRankvs 183+ SIC 93191 peers45
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£43k
Balance sheet strength
Cash
£54k
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£155k
Current Liabilities
£180k
Fixed Assets
£11k
Debtors
£65k
Tax at Year End(2018)
Director Loans(2021)
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.86 | +£32k | — |
| 2024 | 0.79 | +£48k | — |
| 2023 | 0.68 | -£9k | — |
| 2022 | 0.68 | -£24k | — |
| 2021 | 0.84 | — | — |
| 2020 | 0.67 | — | — |
| 2019 | 0.31 | — | — |
| 2018 | 0.41 | — | £427k |
Derived from filed accounts. Not audited figures.