Gary Paffett Racing Limited
04201855
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 19/04/2025
Due 03/05/2026
Industry
Officers
secretary · Since 01/04/2015
Persons with Significant Control
Gary James Paffett
British · United Kingdom · Age 45
The Malt House, 27 Kneesworth Street, Royston, SG8 5AB
Notified 06/04/2016
Lisa Marie Paffett
British · United Kingdom · Age 43
The Malt House, 27 Kneesworth Street, Royston, SG8 5AB
Notified 06/04/2016
CompanyRankvs 1581+ SIC 93199 peers79
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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
£103k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£261k
Current Liabilities
£161k
Fixed Assets
£3k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.62 | +£79k |
| 2023 | 1.05 | -£67k |
| 2022 | 1.79 | -£107k |
| 2021 | 1.60 | -£72k |
| 2020 | 1.53 | -£174k |
| 2019 | 2.11 | — |
Derived from filed accounts. Not audited figures.