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Cornwall Karting Limited

07127972

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ST EVAL KART CIRCUIT, WADEBRIDGE, PL27 7UN
Incorporated 18/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Kevin John Turner

director · Since 18/01/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mr Kevin John Turner

75–100% shares
75–100% votes

British · United Kingdom · Age 50

St Eval Kart Circuit, St Eval, Wadebridge, PL27 7UN

Notified 30/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/08/2019Registered 08/08/2019
charge
outstanding

BARCLAYS BANK PLC

Created 26/03/2010Registered 31/03/2010
charge
outstanding

BARCLAYS BANK PLC

Created 10/03/2010Registered 17/03/2010

CompanyRankvs 2174+ SIC 93290 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
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 strength25/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£180k

Current Liabilities

£196k

Fixed Assets

£2.3M

Debtors

£26k

21avg. employees+2

Balance Sheet

Intangible assets£129k
Bank loans & overdrafts£722k
Assets less current liabilities£2.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£14k
20241.33-£4k
20231.69+£156k
20221.11+£459k
20210.56+£76k
20200.26+£81k
20193.56

Derived from filed accounts. Not audited figures.