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Xrt Race Engineering Limited

05396589

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT B3/5 HARVEY COURT, LEIGH, WN7 3PT
Incorporated 17/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Andrew James Xavier

secretary · Since 17/03/2005

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Mr Andrew James Xavier

director · Since 17/03/2005

ENGINEERING

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Dr Carlos Augusto Xavier

director · Since 29/03/2005

DOCTOR

BRAZILIAN · ENGLAND · Age 73

Also on 1 other board

Persons with Significant Control

Mr Andrew James Xavier

75–100% shares

British · England · Age 42

Unit B3/5, Harvey Court, Leigh, WN7 3PT

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 07/06/2006Registered 09/06/2006

CompanyRankvs 60564+ SIC 96090 peers
38

Financial strength7th percentile among SIC peers · 2/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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60564Xrt Race Engineering Limited
44
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.

Employees10/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

-£23k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£110k

Current Liabilities

£125k

Fixed Assets

£531

2avg. employees+4

Balance Sheet

Assets less current liabilities-£14k
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88+£11k
20240.81-£81k
20230.75—

Derived from filed accounts. Not audited figures.