Global Technologies Racing Limited
04633827
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/03/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 77
Also on 6 other boards
Former
secretary · Resigned 07/05/2026
Persons with Significant Control
Mr John Biddlecombe
British · England · Age 77
Westergate Works, Denmans Lane, Fontwell, BN18 0SU
Notified 06/04/2016
Mr Simon Kingdon Butcher
British · England · Age 70
Westergate Works, Denmans Lane, Fontwell, BN18 0SU
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
HSBC EQUIPMENT FINANCE (UK) LTD
CompanyRankvs 25+ SIC 29100 peers66
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of the directors' assessment of the company's ability to continue to be a going concern included: Evaluating the director's assessment of going concern through analysis of the company's management accounts and forecasts, including assessing the underlying assumptions included in the forecasts, by reference to our knowledge of the company. As pa
Key FinancialsYear ending 31/01/2025
Net Worth
£8.9M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Profit Before Tax
£1.6M
Bottom line earnings
Net Current Assets
£6.1M
Working capital
Current Assets
£13.5M
Current Liabilities
£7.4M
Fixed Assets
£3.1M
Debtors
£6.2M
Admin Expenses
£7.0M
Profit After Tax
£1.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.82 | +£1.7M |
| 2024 | 1.82 | +£1.1M |
| 2023 | 1.87 | -£174k |
| 2022 | 2.26 | +£287k |
| 2021 | 2.27 | — |
Derived from filed accounts. Not audited figures.