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Midwest Racing Limited

04512922

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 9 ENTERPRISE CENTRE, BOWERHILL TRADING ESTATE, SN12 6QP
Incorporated 16/08/2002

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Graham Andrew Ward

director · Since 16/08/2002

SHOP MANAGER

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Graham Andrew Ward

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 61

5 Foresters Park Road, Melksham, SN12 7RW

Notified 06/04/2016

Former PSCs

Mr Simon William Molter

Ceased 25/09/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/04/2019Registered 10/04/2019

CompanyRankvs 387+ SIC 45400 peers
67

Financial strength79th percentile among SIC peers · 20/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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387Midwest Racing Limited
73
How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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 30/09/2025

Net Worth

£59k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£170k

Working capital

Current Assets

£427k

Current Liabilities

£256k

Fixed Assets

£15k

Debtors

£27k

3avg. employees

Balance Sheet

Assets less current liabilities£186k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.67

Derived from filed accounts. Not audited figures.