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Gridline Racing Limited

05880344

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

GRIDLINE RACING LTD, LINCOLN, LN5 8HF
Incorporated 18/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Jason Barry Frost

secretary · Since 18/07/2006

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Miss Vicky Marie Turner

director · Since 18/07/2006

CUSTOMER SERVICE ADVISOR

BRITISH · ENGLAND · Age 45

Mr Jason Barry Frost

director · Since 13/07/2009

LEISURE MANAGER

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Jason Barry Frost

75–100% shares
75–100% votes

British · England · Age 48

Gridline Racing Ltd, Dunford Road, Lincoln, LN5 8HF

Notified 01/08/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 22/01/2016Registered 04/02/2016
charge
outstanding

HSBC BANK PLC

Created 27/04/2009Registered 28/04/2009

CompanyRankvs 730+ SIC 93199 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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 31/10/2025

Net Worth

£468k

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£214k

Current Liabilities

£194k

Fixed Assets

£782k

Debtors

£106k

21avg. employees

Tax at Year End

Corp tax£61k

Balance Sheet

Intangible assets£113k
Assets less current liabilities£801k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.10+£0
20251.10+£80k
20241.17+£89k
20230.63+£4k
20220.93+£23k

Derived from filed accounts. Not audited figures.