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Racing Green Engineering Limited

04874814

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

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

Details

Ty Nant, 16a Cwmfelin Road Bynea, Llanelli, SA14 9LR
Incorporated 21/08/2003

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 21/08/2025

Due 04/09/2026

On track

Industry

29100
Manufacture of motor vehicles

Officers

Nigel Charles Holmes

secretary · Since 13/10/2003

British

Peris Lloyd Edwards

director · Since 13/10/2003

British · United Kingdom · Age 83

Nigel Charles Holmes

director · Since 13/10/2003

British · United Kingdom · Age 60

Persons with Significant Control

Peris Lloyd Edwards

25–50% shares
25–50% votes

British · United Kingdom · Age 83

Ty Nant, Llanelli, SA14 9LR

Notified 06/04/2016

Nigel Charles Holmes

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Ty Nant, Llanelli, SA14 9LR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 11/11/2003Registered 15/11/2003

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Ty Nant
2026-06-08

TY NANT

post townLlanelli
2026-06-08

LLANELLI

CompanyRankvs 15+ SIC 29100 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.57× · 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 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.

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 31/12/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.1M

Fixed Assets

£128k

Debtors

£1.3M

18avg. employees-1

Balance Sheet

Intangible assets£85k
Bank loans & overdrafts£4k
Assets less current liabilities£1.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.57-£26k
20243.19+£76k
20232.84

Derived from filed accounts. Not audited figures.