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Gb Race Engineering Limited

05348155

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3, CATTLE SHEDS WESTON WOOD FARM, CAMBRIDGE, CB21 5NR
Incorporated 31/01/2005

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

93199
Other amusement and recreation activities

Officers

Mr Gareth Alistair Burnett

director · Since 31/01/2005

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Gareth Alistair Burnett

75–100% shares
75–100% votes
Appoint directors

British · England · Age 64

Unit 3, Cattle Sheds, Weston Wood Farm, Cambridge, CB21 5NR

Notified 01/04/2017

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 07/09/2011Registered 15/09/2011
charge
outstanding

BARCLAYS BANK PLC

Created 23/06/2011Registered 30/06/2011
charge
satisfied

HSBC BANK PLC

Created 24/03/2005Registered 30/03/2005Satisfied 10/11/2011

CompanyRankvs 9130+ SIC 93199 peers
39

Financial strength5th percentile among SIC peers · 1/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9130Gb Race Engineering Limited
49
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 31/01/2025

Net Worth

-£53k

Balance sheet strength

Cash

£7

Cash in the bank

Net Current Assets

£243k

Working capital

Current Assets

£1.0M

Current Liabilities

£774k

Debtors

£1.0M

1avg. employees

Tax at Year End(2020)

Corp tax£2

Balance Sheet

Assets less current liabilities£243k
Signed by Mr Gareth Burnett 1 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.31-£12k
20241.35-£20k
20231.38-£19k
20221.39-£30k
20211.39-£30k
20201.32-£34k
20190.11+£5k
20180.11—

Derived from filed accounts. Not audited figures.