Richard Hughes Racing Limited
05247804
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
Persons with Significant Control
Mr Richard David Hughes
Irish · United Kingdom · Age 53
Weathercock House, Upper Lambourn, Hungerford, RG17 8QT
Notified 01/10/2016
Charges2 outstanding
CLYDESDALE BANK PLC (TRADING AS CLYDESDALE BANK AND YORKSHIRE BANK)
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 626+ SIC 93199 peers76
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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
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
£995k
Balance sheet strength
Cash
£760k
Cash in the bank
Net Current Assets
£693k
Working capital
Current Assets
£1.5M
Current Liabilities
£782k
Fixed Assets
£318k
Debtors
£605k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.89 | +£167k |
| 2023 | 1.25 | +£45k |
| 2022 | 1.13 | -£160k |
| 2021 | 1.78 | +£153k |
| 2020 | 1.42 | +£188k |
| 2019 | 1.38 | +£11k |
| 2018 | 1.87 | — |
Derived from filed accounts. Not audited figures.