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N K Racing Limited

05218057

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WEST WALK BUILDING, LEICESTER, LE1 7LT
Incorporated 31/08/2004

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/08/2025

Due 10/09/2026

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Jacquelyn Kimber

secretary · Since 03/09/2004

CHARTERED TAX ADVISER

BRITISH · Age 54

Mr Nigel Charles Faraday Kimber

director · Since 03/09/2004

ENGINEER

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Nigel Charles Faraday Kimber

75–100% shares

British · England · Age 58

West Walk Building, 110 Regent Road, Leicester, LE1 7LT

Notified 06/04/2016

CompanyRankvs 2003+ SIC 28990 peers
36

Financial strength7th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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.

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

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£3k

Current Liabilities

£76k

Fixed Assets

£25k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£11k
20230.04-£10k
20220.05-£15k
20210.08
20200.56
20190.10+£8k

Derived from filed accounts. Not audited figures.