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Volks World Racing Limited

08100771

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

LOUTH TRADING ESTATE, LOUTH, LN11 0JQ
Incorporated 12/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Jerrad Chambers

director · Since 12/06/2012

MECHANIC

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Darren David Drury

director · Since 12/06/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Daniel James Rankin

director · Since 12/06/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Jerrad Chambers

25–50% shares
25–50% votes

British · England · Age 47

29, Linden Walk, Louth, LN11 9HT

Notified 06/04/2016

Mr Daniel James Rankin

25–50% shares
25–50% votes

British · England · Age 43

2, Eresbie Road, Louth, LN11 8YG

Notified 06/04/2016

Mr Darren David Drury

25–50% shares
25–50% votes

British · England · Age 49

The Coach House, St. Marys Lane, Market Rasen, LN8 3YX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/01/2013Registered 24/01/2013

CompanyRankvs 7095+ SIC 45200 peers
62

Financial strength80th percentile among SIC peers · 20/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.13× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/01/2025

Net Worth

£70k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£102k

Current Liabilities

£33k

Fixed Assets

£3k

Debtors

£64k

1avg. employees

Balance Sheet

Assets less current liabilities£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.13+£6k
20242.32-£3k
20233.36-£4k
20223.43+£10k
20212.79
20202.15
20191.77

Derived from filed accounts. Not audited figures.