Noel Williams Racing Limited
08529655
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/05/2013
Persons with Significant Control
Mr Noel Jay Williams
British · England · Age 49
Churn Stables, Churn Estate, Didcot, OX11 9HG
Notified 01/01/2017
CompanyRankvs 701+ SIC 01430 peers52
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
-£85k
Balance sheet strength
Cash
£43k
Cash in the bank
Net Current Assets
-£71k
Working capital
Current Assets
£120k
Current Liabilities
£191k
Fixed Assets
£901
Debtors
£43k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.63 | -£19k |
| 2023 | 0.63 | -£7k |
| 2022 | 0.64 | — |
| 2021 | 1.02 | — |
Derived from filed accounts. Not audited figures.