Race Completions Limited
05424866
Details
Compliance
Last accounts
31/03/2023
total exemption full
Next accounts due
31/03/2025
Confirmation statement
Last: 05/12/2023
Due 19/12/2024
Industry
Officers
director · Since 15/11/2023
DIRECTOR
BRITISH · NORTHERN IRELAND · Age 62
Also on 19 other boards
Persons with Significant Control
Wellington Acquisitions One Limited
Suite 102, Eagle Star House, Belfast, BT1 6FB
Reg: Ni704061 · The Register Of Companies Maintained By The Registrar Of Companies For Northern Ireland · Private Company Limited By Shares
Notified 27/11/2023
Former PSCs
Comfast Limited
Ceased 22/12/2016
Mr Richard Alan Crosby
Ceased 22/05/2019
Mrs Moira Anne Crosby
Ceased 22/05/2019
Causeway Aero Group Limited
Ceased 27/11/2023
Charges3 outstanding
UPSTREAM TRADE FINANCE LTD
UPSTREAM WORKING CAPITAL LTD
GROWTH FINANCE FUND GENERAL PARTNER LIMITED IN ITS CAPACITY AS GENERAL PARTNER FOR AND ON BEHAL
THE CO-OPERATIVE BANK P.L.C.
CompanyRankvs 15+ SIC 30990 peers26
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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 31/03/2023
Net Worth
-£239k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£226k
Working capital
Current Assets
£267k
Current Liabilities
£492k
Fixed Assets
£11k
Debtors
£136k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.54 | -£251k |
| 2022 | 1.09 | -£33k |
| 2021 | 1.49 | -£143k |
| 2018 | 3.03 | — |
Derived from filed accounts. Not audited figures.