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Elite Racing Club Limited

03296044

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

29 HIGH STREET, DEVIZES, SN10 4EN
Incorporated 24/12/1996

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

93290
Other amusement and recreation activities

Officers

Mr Anthony John Hill

director · Since 14/04/1997

ENTREPRENEUR

BRITISH · ENGLAND · Age 75

Also on 7 other boards

Miss Mandy Noden

secretary · Since 13/09/2001

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Anthony John Hill

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 75

29, High Street, Devizes, SN10 4EN

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 17/06/2009Registered 25/06/2009

CompanyRankvs 121+ SIC 93290 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees13/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Company will be able to operate for a forecast period of at least 12 months from the approval date of these financial statements. In drawing a conclusion on the Company's ability to continue as a going concern, the Director has assessed the financial and operational risks to the Company with reference to the current macro-economic environment which could result in reduced customer demand and i

Key FinancialsYear ending 29/02/2024

Net Worth

£4.3M

Balance sheet strength

Cash

£145k

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£4.4M

Current Liabilities

£484k

Fixed Assets

£426k

Debtors

£3.4M

7avg. employees+2

Tax at Year End(2023)

Corp tax£112

Balance Sheet

Assets less current liabilities£4.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20249.02-£751k
202311.00

Derived from filed accounts. Not audited figures.