Back to search

Project Imola Limited

05286081

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 35 SILVERSTONE CIRCUIT, TOWCESTER, NN12 8TL
Incorporated 15/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Geoffrey Baines

director · Since 15/11/2004

M CYCLE ENG

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Geoffrey Baines

75–100% shares

British · England · Age 63

Unit 35, Silverstone Circuit, Towcester, NN12 8TL

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/12/2005Registered 07/12/2005

CompanyRankvs 1470+ SIC 45400 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees9/15 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.

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 31/10/2025

Net Worth

-£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£7k

Current Liabilities

£52k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities-£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13-£7k
20240.20-£2k
20230.28+£13k
20220.33-£854
20210.42

Derived from filed accounts. Not audited figures.