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Mussett Racing Limited

08287805

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

ATRIUM HOUSE LODDON BUSINESS PARK, NORWICH, NR14 6JD
Incorporated 09/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29100
Manufacture of motor vehicles
29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Gordon Mussett

director · Since 09/11/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 5 other boards

Persons with Significant Control

Mr Gordon Mussett

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 76

Atrium House, Loddon Business Park, Norwich, NR14 6JD

Notified 06/04/2016

CompanyRankvs 387+ SIC 29100 peers
49

Financial strength11th percentile among SIC peers · 3/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength3/25 pts

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

Employees11/15 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.

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 31/07/2025

Net Worth

-£23k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£33k

Current Liabilities

£56k

Debtors

£754

2avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59-£6k
20230.06
20220.28+£3k
20216.85
20190.00+£2k
20180.25

Derived from filed accounts. Not audited figures.