The Thoroughbred Racing Company Limited
05299182
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/01/2020
PROPERTY DEVELOPER
BRITISH · ISLE OF MAN · Age 39
Also on 7 other boards
Persons with Significant Control
Mn888 Limited
Manxman 888, Kissacks Lane, Crosby, IM4 2DB
Reg: 123834c · Companies Registry · Private Limited
Notified 16/03/2022
Former PSCs
The Thoroughbred Racing Company Ltd
Ceased 16/03/2022
CompanyRankvs 140031+ SIC 82990 peers32
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£4.0M
Balance sheet strength
Cash
£73
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
—
Current Liabilities
£11k
Fixed Assets
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | -£99k |
| 2024 | — | +£0 |
| 2024 | — | -£166k |
| 2022 | 0.36 | -£105k |
| 2021 | 2.41 | -£94k |
| 2020 | 1.99 | -£187k |
| 2019 | 2.87 | -£297k |
| 2018 | 3.89 | — |
Derived from filed accounts. Not audited figures.