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Paul Nicholls Racing Limited

03448030

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

MANOR FARM STABLES, SHEPTON MALLET, BA4 6RD
Incorporated 10/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Paul Frank Nicholls

director · Since 10/10/1997

HORSE TRAINER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Pn Racing Holdings Limited

75–100% shares

Manor Farm Stables Heighes House, Ditcheat, Shepton Mallet, BA4 6RD

Reg: 11589682 · Companies House · Limited Company

Notified 26/09/2019

Former PSCs

Mr Paul Frank Nicholls

Ceased 10/10/2019

Charges8 outstanding

Charge
outstanding

WEATHERBYS BANK LIMITED

Created 06/06/2024Registered 10/06/2024
Charge
outstanding

WEATHERBYS BANK LIMITED

Created 06/06/2024Registered 10/06/2024
Charge
outstanding

WEATHERBYS BANK LIMITED

Created 06/06/2024Registered 10/06/2024
Charge
outstanding

PAUL NICHOLLS RACING LIMITED DIRECTORS RETIREMENT BENEFIT SCHEME (2)

Created 10/09/2021Registered 23/09/2021
Charge
outstanding

PAUL NICHOLLS RACING LIMITED DIRECTORS RETIREMENT BENEFIT SCHEME

Created 05/03/2018Registered 09/03/2018
Charge
satisfied

ARBUTHNOT LATHAM & CO LIMITED

Created 01/03/2018Registered 05/03/2018Satisfied 10/06/2024
Charge
outstanding

PAUL NICHOLLS RACING LIMITED DIRECTORS RB SCHEME

Created 27/11/2015Registered 30/11/2015
charge
satisfied

ARBUTHNOT LATHAM & CO LIMITED

Created 31/10/2012Registered 09/11/2012Satisfied 10/06/2024
charge
outstanding

ARBUTHNOT LATHAM & CO LIMITED

Created 08/04/2011Registered 19/04/2011
charge
satisfied

ARBUTHNOT LATHAM & CO. LIMITED

Created 31/10/2008Registered 08/11/2008Satisfied 10/06/2024
charge
outstanding

ARBUTHNOT LATHAM & CO. LIMITED

Created 31/10/2008Registered 08/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/12/2007Registered 21/12/2007Satisfied 22/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/10/1998Registered 13/10/1998Satisfied 22/11/2008

CompanyRankvs 12800+ SIC 96090 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
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 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.

Liquidity6/20 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 31/10/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£705k

Current Liabilities

£792k

Fixed Assets

£2.2M

Debtors

£590k

58avg. employees

Tax at Year End

Corp tax£94k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£158k
20231.10+£165k
20221.09+£64k
20211.26

Derived from filed accounts. Not audited figures.