City Speedway Ltd
06745199
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2021
OPERATIONS DIRECTOR
BRITISH · WALES · Age 61
Also on 1 other board
Persons with Significant Control
Mr Steven John Mallett
British · Wales · Age 63
30a, St. Johns Crescent, Newport, NP10 9EY
Notified 06/04/2016
Mrs Gillian Rose Mallett
British · Wales · Age 83
30a, St. Johns Crescent, Newport, NP10 9EY
Notified 06/04/2016
CompanyRankvs 12946+ SIC 93199 peers39
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
-£467k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£233k
Working capital
Current Assets
£2k
Current Liabilities
£235k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£647 |
| 2023 | 0.01 | -£4k |
| 2022 | 0.12 | -£3k |
| 2021 | 0.09 | +£17k |
| 2020 | 0.04 | -£7k |
| 2019 | 0.05 | -£8k |
| 2018 | 0.04 | — |
Derived from filed accounts. Not audited figures.