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M. B. Racing Limited

03069596

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PENDENE KENNELS, REDHILL, RH1 4QH
Incorporated 19/06/1995

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

93199
Other amusement and recreation activities

Officers

Christine Baker

secretary · Since 26/06/1995

BRITISH · Age 67

Also on 1 other board

Martin John Baker

director · Since 26/06/1995

WASTE PAPER MERCHANT

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Michael David Baker

director · Since 26/06/1995

WASTE PAPER MERCHANT

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Raven Waste Paper Company Limited

75–100% shares

Unit 8, Endeavour Way, Croydon, CR0 4TR

Reg: 01638665 · England & Wales · Limited Company

Notified 01/07/2016

Charges2 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 03/10/1996Registered 16/10/1996
charge
outstanding

MIDLAND BANK PLC

Created 03/10/1996Registered 16/10/1996

CompanyRankvs 15149+ SIC 93199 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

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

-£482k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£677k

Working capital

Current Assets

£2k

Current Liabilities

£678k

Fixed Assets

£228k

0avg. employees

Balance Sheet

Assets less current liabilities-£449k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£10k
20230.00-£15k
20220.00-£14k
20210.00-£15k
20200.01-£6k
20190.00-£18k
20180.01

Derived from filed accounts. Not audited figures.