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Dr Engineering Race Components Ltd

06316615

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1110 ELLIOTT COURT BUSINESS PARK, COVENTRY, CV5 6UB
Incorporated 18/07/2007

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mrs Diane Margaret Payne

secretary · Since 18/07/2007

COMPANY SECRETARY

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mrs Diane Margaret Payne

director · Since 18/07/2007

COMPANY SECRETARY

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mr Kevin John Payne

director · Since 18/07/2007

ENGINEER

BRITISH · ENGLAND · Age 79

Marilyn Seal

director · Since 18/07/2007

FINANCE MANAGER

BRITISH · UNITED KINGDOM · Age 76

Thomas Daffern Seal

director · Since 18/07/2007

ENGINEER

BRITISH · UNITED KINGDOM · Age 80

Persons with Significant Control

Mr Kevin John Payne

25–50% shares

British · England · Age 79

1110 Elliott Court Business Park, Herald Avenue, Coventry, CV5 6UB

Notified 06/04/2016

Mrs Diane Margaret Payne

25–50% shares

British · England · Age 74

1110 Elliott Court Business Park, Herald Avenue, Coventry, CV5 6UB

Notified 06/04/2016

CompanyRankvs 550+ SIC 29320 peers
61

Financial strength63th percentile among SIC peers · 16/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£41k

Current Liabilities

£32k

Fixed Assets

£250

0avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.29-£5k
20231.37-£4k
20221.35+£3k
20211.41+£3k
20201.44+£932
20191.31-£11k
20181.60

Derived from filed accounts. Not audited figures.