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G.Y.G. Karting Limited

04422490

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GLAN Y GORS PARK, CORWEN, LL21 0RU
Incorporated 23/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mrs Tracey Karen Davies

secretary · Since 23/04/2002

COMPANY SECRETARY

BRITISH · WALES · Age 68

Also on 2 other boards

Mr Eddie Glyn Davies

director · Since 23/04/2002

COMPANY DIRECTOR

WELSH · WALES · Age 66

Also on 1 other board

Mrs Tracy Karen Davies

director · Since 01/11/2022

COMPANY DIRECTOR

BRITISH · WALES · Age 68

Mr Matthew Lee Davies

director · Since 03/05/2024

COMPANY DIRECTOR

WELSH · WALES · Age 40

Mr Ashley Duane Davies

director · Since 21/04/2026

BRITISH · WALES · Age 38

Persons with Significant Control

Mr Eddie Glyn Davies

Significant control

Welsh · Wales · Age 66

Glan Y Gors Park, Corwen, LL21 0RU

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 03/03/2022Registered 08/03/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/01/2011Registered 14/01/2011Satisfied 16/04/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/12/2010Registered 06/01/2011Satisfied 16/04/2022
charge
satisfied

HSBC BANK PLC

Created 17/01/2003Registered 23/01/2003Satisfied 26/01/2011

CompanyRankvs 2443+ SIC 93199 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/06/2025

Net Worth

£298k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£176k

Current Liabilities

£207k

Fixed Assets

£714k

Debtors

£4k

17avg. employees-6

Balance Sheet

Bank loans & overdrafts£246k
Assets less current liabilities£683k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85+£30k
20240.39-£373
20230.51-£7k
20220.71+£63k
20210.61

Derived from filed accounts. Not audited figures.