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Racebeam Limited

03730901

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

Lower Ground Floor, 24 Conway Street, London, W1T 6BG
Incorporated 11/03/1999

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Kandiah Kamalanathan

secretary · Since 05/02/2002

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 76

Also on 16 other boards

Mr Shantha Upali Samarage

director · Since 10/07/2018

DOCTOR

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Kandiah Kamalanathan

secretary · Since 05/02/2002

British

Shantha Upali Samarage

director · Since 10/07/2018

British · England · Age 74

Former

Bhardwaj Corporate Services Limited

corporate nominee director · Resigned 13/04/1999

Ashok Bhardwaj

nominee secretary · Resigned 13/04/1999

Rani Malathy Samarakkodi Bulathwela

secretary · Resigned 17/03/2000

Rani Malathy Samarakkodi Bulathwela

director · Resigned 05/02/2002

John Paul Irugaibandage

director · Resigned 30/07/2009

Kapila Ashwan Kavinda Karunaratne

director · Resigned 09/02/2019

Persons with Significant Control

Former PSCs

Mr Kapila Ashwan Kavinda Karunaratne

Ceased 10/03/2026

Change History

status → active
2026-07-11

Active

type → ltd
2026-07-11

Private Limited Company

address line1 → Lower Ground Floor
2026-07-11

LOWER GROUND FLOOR

post town → London
2026-07-11

LONDON

CompanyRankvs 6961+ SIC 45112 peers
60

Financial strength31th percentile among SIC peers · 8/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 247.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6961Racebeam Limited
60
How is this score calculated?
Financial strength8/25 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.

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

£2

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£156k

Working capital

Current Assets

£157k

Current Liabilities

£634

Fixed Assets

£309

Debtors

£62k

0avg. employees

Balance Sheet

Assets less current liabilities£156k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
2025247.06
2024263.14
202380.14

Derived from filed accounts. Not audited figures.