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Tom Wood Racing Limited

08525630

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

98 PARK LANE, DERBY, DE74 2JG
Incorporated 13/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Michael Stephen Wood

director · Since 13/05/2013

ENGINEERING MANAGER

BRITISH · UNITED KINGDOM · Age 64

Mrs. Moira Alexis Wood

director · Since 13/05/2013

HOUSEWIFE

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Michael Stephen Wood

25–50% shares
25–50% votes

British · England · Age 63

98, Park Lane, Derby, DE74 2JG

Notified 06/04/2016

Mrs. Moira Alexis Wood

25–50% shares
25–50% votes

British · England · Age 67

98, Park Lane, Derby, DE74 2JG

Notified 06/04/2016

CompanyRankvs 13856+ SIC 93199 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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.

Longevity13/15 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 30/04/2025

Net Worth

-£284k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£295k

Working capital

Current Assets

£23k

Current Liabilities

£318k

Fixed Assets

£11k

Debtors

£14k

1avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£293k

Balance Sheet

Assets less current liabilities-£284k
Signed by Mr Michael Wood 26 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.07+£9k£45k
20240.04-£17k£59k
20230.04-£55k£49k
20220.04+£26k£11k
20210.00-£33k
20200.08-£53k
20190.08

Derived from filed accounts. Not audited figures.