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The Old Racing Car Company Limited

05898034

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5th Floor 36-38 Wigmore Street, London, W1U 2BP
Incorporated 07/08/2006

Compliance

Last accounts

31/08/2025

unaudited abridged

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Roy Kent

director · Since 07/08/2006

British · England · Age 69

Roy Kent

secretary · Since 07/08/2006

British

Former

Jeremy Jonathan Booen

director · Resigned 01/06/2020

Persons with Significant Control

Mr Roy Kent

50–75% shares
50–75% votes

British · England · Age 69

Felmingham Hall, Felmingham, North Walsham, NR28 0LP

Notified 06/04/2016

Mrs Victoria Louise Diana Kent

25–50% shares
25–50% votes

British · England · Age 58

Felmingham Hall, Felmingham, North Walsham, NR28 0LP

Notified 24/07/2018

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 23/08/2006Registered 25/08/2006

Change History

statusactive
2026-06-07

Active

typeltd
2026-06-07

Private Limited Company

address line15th Floor 36-38 Wigmore Street
2026-06-07

206 UPPER RICHMOND ROAD WEST

post townLondon
2026-06-07

LONDON

postcodeW1U 2BP
2026-06-07

SW14 8AH

officer appointedKENT, Roy
2026-06-07
officer appointedKENT, Roy
2026-06-07

CompanyRankvs 9556+ SIC 45112 peers
48

Financial strength23th percentile among SIC peers · 6/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.72× · 16/20
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 strength6/25 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.

Liquidity16/20 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 31/08/2024

Net Worth

£1

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£502k

Working capital

Current Assets

£1.2M

Current Liabilities

£700k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£525k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.72
20231.64
20221.46+£181k
20211.39
20201.28
20191.38
20181.24

Derived from filed accounts. Not audited figures.