Motor Racing Legends Ltd.
04136700
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/04/2024
DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 12 other boards
Persons with Significant Control
Aythorpe Investments Ltd
2, Pavilion Court, Northampton, NN4 7SL
Reg: 15398957 · Companies House · Private Company Limited By Shares
Notified 26/04/2024
Former PSCs
Duncan Wiltshire
Ceased 12/06/2024
Mrs Phillipa Wiltshire
Ceased 12/06/2024
CompanyRankvs 111600+ SIC 93290 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£214k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£215k
Working capital
Current Assets
£20k
Current Liabilities
£235k
Fixed Assets
£685
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | — |
| 2023 | 0.60 | — |
| 2022 | 1.12 | -£55k |
| 2021 | 1.17 | — |
| 2020 | 1.20 | — |
| 2019 | 1.27 | -£16k |
| 2018 | 1.44 | — |
Derived from filed accounts. Not audited figures.