Pete Farmer Performance Racing Limited
03768161
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Peter David Farmer
British · United Kingdom · Age 79
Clytha, Odstock Crossroads, Odstock, Salisbury, SP5 4JB
Notified 06/04/2016
Nicola Farmer
British · United Kingdom · Age 56
Clytha, Odstock, Salisbury, SP5 4JB
Notified 16/08/2018
CompanyRankvs 171+ SIC 29100 peers63
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£21k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£22k
Working capital
Current Assets
£2k
Current Liabilities
£24k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£0 |
| 2025 | 0.07 | +£7k |
| 2024 | 0.15 | +£10k |
| 2023 | 1.03 | -£3k |
| 2022 | 2.04 | -£20k |
| 2021 | 22.12 | -£4k |
| 2020 | 25.44 | -£13k |
| 2019 | 3.29 | — |
Derived from filed accounts. Not audited figures.