Formhalls Vintage & Racing Limited
04330563
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 28/11/2025
Due 12/12/2026
Industry
Officers
director · Since 26/08/2021
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 18 other boards
Persons with Significant Control
Marcos Motor Company Limited
Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW
Reg: 00570928 · England & Wales · England & Wales
Notified 26/08/2021
Former PSCs
Mr Charles Stanley Tanner
Ceased 26/03/2024
Mr Richard Julian Messent
Ceased 26/03/2024
Charges0 outstanding
SANTANDER UK PLC (AS SECURITY TRUSTEE)
SANTANDER UK PLC (AS SECURITY TRUSTEE)
Insolvency History1 case
Simon John Lowes (practitioner) · Stephen Powell (practitioner)
CompanyRankvs 860+ SIC 29320 peers36
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
-£135k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£143k
Working capital
Current Assets
£59k
Current Liabilities
£202k
Fixed Assets
£7k
Debtors
£56k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.29 |
Derived from filed accounts. Not audited figures.