Donald Race & Newton Solicitors Limited
08552863
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/06/2013
SOLICITOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 20/11/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 122+ SIC 69102 peers78
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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.
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 31/10/2025
Net Worth
£1.7M
Balance sheet strength
Cash
£630k
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.6M
Current Liabilities
£346k
Fixed Assets
£453k
Debtors
£979k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.65 | -£12k |
| 2024 | 4.47 | +£28k |
| 2023 | 2.68 | +£360k |
| 2022 | 2.02 | +£249k |
| 2021 | 1.64 | +£219k |
| 2020 | 1.25 | +£120k |
| 2019 | 1.03 | -£10k |
| 2018 | 1.02 | — |
Derived from filed accounts. Not audited figures.