Worcester Racecourse Limited
03901331
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/10/2025
Due 31/10/2026
Industry
Officers
secretary · Since 23/04/2012
director · Since 29/09/2018
DIRECTOR
FRENCH · UNITED KINGDOM · Age 50
Also on 243 other boards
director · Since 29/05/2025
RETIRED
BRITISH · ENGLAND · Age 75
Also on 1 other board
director · Since 21/11/2025
BRITISH · ENGLAND · Age 52
Also on 16 other boards
Persons with Significant Control
Arena Leisure Racing Limited
Millbank Tower, 21-24 Millbank, London, SW1P 4QP
Reg: 05960353 · Companies House · Limited By Shares
Notified 06/04/2016
Charges3 outstanding
HORSERACE BETTING LEVY BOARD
TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY
TFB (MORTGAGES) LIMITED
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 39410+ SIC 93110 peers24
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£3.8M
Annual revenue
Net Worth
-£6.2M
Balance sheet strength
Cash
£118k
Cash in the bank
Profit Before Tax
-£550k
Bottom line earnings
Net Current Assets
-£11.4M
Working capital
Current Assets
£210k
Current Liabilities
£11.6M
Fixed Assets
£5.6M
Debtors
£81k
Cost of Sales
£2.6M
Gross Profit
£1.2M
Admin Expenses
£1.3M
Operating Profit
-£128k
Profit After Tax
-£558k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.02 |
Derived from filed accounts. Not audited figures.