Raceworks Motorsport Limited
07437310
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/11/2010
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 2 other boards
Persons with Significant Control
Mr Peter Matthew Johnston
British · England · Age 44
Building 8, Wyndmere Park, Steeple Morden, SG8 0NZ
Notified 06/04/2016
Mr Michael James Purse
British · England · Age 44
Building 8, Wyndmere Park, Steeple Morden, SG8 0NZ
Notified 06/04/2016
Promotasport Limited
Building 8, Ashwell Road, Royston, SG8 0NZ
Notified 06/04/2016
CompanyRankvs 320+ SIC 29320 peers72
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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 31/03/2025
Net Worth
£44k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£75k
Working capital
Current Assets
£338k
Current Liabilities
£263k
Fixed Assets
£27k
Debtors
£246k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.29 | — |
| 2024 | 1.25 | — |
| 2023 | 1.12 | -£24k |
| 2022 | 1.23 | -£10k |
| 2021 | 1.55 | -£36k |
| 2020 | 1.82 | — |
| 2019 | 1.66 | — |
Derived from filed accounts. Not audited figures.