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Racing Technique Limited

04480535

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Unit 1 Shelleys Lane, East Worldham, Alton, GU34 3AQ
Incorporated 09/07/2002

Previously known as

Citygate Rentals Limited · until 15/11/2002
Highgrow Estates Limited · until 17/09/2002

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 24/11/2025

Due 08/12/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Richard Taylor

director · Since 10/07/2002

British · England · Age 66

Simon Canning Hughes

director · Since 01/08/2014

British · England · Age 58

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 23/07/2003

Company Directors Limited

corporate nominee director · Resigned 23/07/2003

C R Registrars Limited

corporate secretary · Resigned 09/07/2010

Persons with Significant Control

Former PSCs

Mr Simon Canning Hughes

Ceased 01/06/2019

Richard Taylor

Ceased 11/07/2018

Get Set Go Ltd

Ceased 29/05/2019

Richard Taylor

Ceased 09/02/2026

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/02/2010Registered 09/02/2010

Change History

status → active
2026-06-08

Active

type → ltd
2026-06-08

Private Limited Company

address line1 → Unit 1 Shelleys Lane
2026-06-08

UNIT 1 SHELLEYS LANE

post town → Alton
2026-06-08

ALTON

officer appointed → HUGHES, Simon Canning
2026-06-08
officer appointed → TAYLOR, Richard
2026-06-08

CompanyRankvs 10+ SIC 29320 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.32× · 20/20
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 strength25/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£4.8M

Balance sheet strength

Cash

£312k

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£4.0M

Current Liabilities

£475k

Fixed Assets

£1.3M

Debtors

£601k

34avg. employees-1

Tax at Year End(2021)

Corp tax£179k

Director Loans

Directors owe company£1k

Balance Sheet

Intangible assets£99k
Assets less current liabilities£4.8M
Prepared with BTCSoftware AP Solution 2024 11.2.09

EstimatesDerived

YearCurrent RatioImplied Profit
20248.32-£418k
202319.32-£134k
202213.00-£38k
202117.50+£520k
20207.38+£510k
20197.41+£363k
201810.38—

Derived from filed accounts. Not audited figures.