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Racecar New Media Services Limited

03147559

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 BEAUMONT GATE, RADLETT, WD7 7AR
Incorporated 17/01/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Ross Stephen Bowdler

director · Since 17/01/1996

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Ross Stephen Bowdler

50–75% shares

British · England · Age 56

5 Beaumont Gate, Shenley Hill, Radlett, WD7 7AR

Notified 06/04/2016

CompanyRankvs 3386+ SIC 63110 peers
58

Financial strength2th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.8× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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 31/03/2025

Net Worth

-£416k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£147k

Current Liabilities

£53k

Fixed Assets

£629

1avg. employees

Tax at Year End(2021)

VAT£4k

Director Loans(2021)

Company owes directors£245k

Balance Sheet

Assets less current liabilities£95k
Signed by Mr Ross Bowdler 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.80+£11k
20241.91+£64k
20231.28-£11k
20220.22-£64k
20210.27-£85k£82k
20200.32-£78k£115k
20190.80

Derived from filed accounts. Not audited figures.