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City Racing Limited

08237611

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ANDREWSBOWEN LTD, LANCASHIRE, FY6 8NE
Incorporated 02/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr David Graham Andrews

director · Since 02/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Mr Simon Grant Bowen

director · Since 02/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Mr Peter Mark Andrew Phillips

director · Since 20/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Adam Sadiq

director · Since 05/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 6 other boards

Mr Nofal Tariq Shaikh

director · Since 05/09/2018

INVESTMENT PROFESSIONAL

BRITISH · UNITED ARAB EMIRATES · Age 51

Mr Alexander Tsirigotis

director · Since 08/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

New World Capital Advisors Ltd

secretary · Since 12/07/2021

Also on 1 other board

Mr Stuart John Clark

director · Since 27/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 24 other boards

Persons with Significant Control

Mr Simon Grant Bowen

25–50% shares

British · England · Age 53

Singleton Grange Fleetwood Road, Singleton, Poulton-Le-Fylde, FY6 8NE

Notified 06/04/2016

Mr David Graham Andrews

25–50% shares

British · England · Age 60

Singleton Grange Fleetwood Road, Singleton, Poulton-Le-Fylde, FY6 8NE

Notified 06/04/2016

CompanyRankvs 10299+ SIC 93199 peers
47

Financial strength8th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£23k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£2k

Current Liabilities

£36k

Fixed Assets

£10k

Debtors

£402

7avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£5k
20230.05-£5k
20220.16-£72k
20213.10-£260k
202027.36-£170k
201912.90-£439k
20184.63

Derived from filed accounts. Not audited figures.