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Project X Race Engineering Limited

08674630

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

19-20 Bourne Court Southend Road, Woodford Green, IG8 8HD
Incorporated 03/09/2013

Compliance

Last accounts

30/09/2025

unaudited abridged

Next accounts due

23/06/2027

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Antony Paul Christopher Williams

director · Since 03/09/2013

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Antony Paul Christopher Williams

director · Since 03/09/2013

British · England · Age 54

Persons with Significant Control

Mrs Justina Louise Williams

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 53

Bramble Barn, Mill Farm Barns, Mill Lane, Diss, IP21 5RS

Notified 08/08/2018

Mr Antony Paul Christopher Williams

25–50% shares
25–50% votes

British · United Kingdom · Age 54

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Notified 14/08/2020

Former PSCs

Mr Antony Paul Christopher Williams

Ceased 08/08/2018

Change History

officer appointedWILLIAMS, Antony Paul Christopher
2026-08-13
statusactive
2026-08-13

Active

typeltd
2026-08-13

Private Limited Company

address line119-20 Bourne Court Southend Road
2026-08-13

19-20 BOURNE COURT

post townWoodford Green
2026-08-13

WOODFORD GREEN

CompanyRankvs 8760+ SIC 71129 peers
63

Financial strength73th percentile among SIC peers · 18/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.82× · 16/20
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 strength18/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/09/2025

Net Worth

£34k

Balance sheet strength

Cash

£10

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£93k

Current Liabilities

£51k

Fixed Assets

£22k

Debtors

£18k

0avg. employees

Balance Sheet

Assets less current liabilities£64k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.82-£96k
20243.13+£2k
20232.67

Derived from filed accounts. Not audited figures.