Arena Racing Corporation Limited
07997040
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 20/03/2026
Due 03/04/2027
Industry
Officers
director · Since 20/03/2012
DIRECTOR
FRENCH · UNITED KINGDOM · Age 50
Also on 243 other boards
secretary · Since 23/04/2013
director · Since 06/11/2015
SOLICITOR
BRITISH · ENGLAND · Age 61
Also on 2 other boards
director · Since 23/09/2020
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 52
Also on 7 other boards
Charges2 outstanding
TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY
TFB (MORTGAGES) LIMITED
CompanyRankvs 136872+ SIC 82990 peers13
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
existence for the foreseeable future and there are no material uncertainties that give rise to significant doubt as to the group's ability to continue to prepare Its financial statements on a going concern basis. Further details regarding the directors' considerations in drawing this conclusion are provided in note 2.3 to the financial statements. This report was approved by the board and
Key FinancialsYear ending 31/12/2024
Net Worth
-£238.3M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£84.8M
Working capital
Current Assets
£2.0M
Current Liabilities
£86.8M
Fixed Assets
£188.1M
Debtors
£100k
Profit After Tax
-£21.6M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.02 |
Derived from filed accounts. Not audited figures.