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Racebolt Limited

08693046

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

1 RADIAN COURT, MILTON KEYNES, MK5 8PJ
Incorporated 17/09/2013

Compliance

Last accounts

28/02/2023

micro entity

Next accounts due

30/11/2024

Overdue

Confirmation statement

Last: 22/07/2024

Due 05/08/2025

Overdue

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Andrew Sell

director · Since 17/09/2013

MANUFACTURING

BRITISH · ENGLAND · Age 62

Also on 10 other boards

Mr Peter Alexander Cooke

director · Since 08/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Andrew Sell

Significant control

British · England · Age 62

1, Radian Court, Milton Keynes, MK5 8PJ

Notified 01/09/2016

Mr Peter Alexander Cooke

25–50% shares

British · England · Age 62

1, Radian Court, Milton Keynes, MK5 8PJ

Notified 08/01/2021

Insolvency History1 case

compulsory liquidation10/09/2024

The Official Receiver Or Bristol (practitioner) · Jack Callow (practitioner) · Gareth David Wilcox (practitioner)

CompanyRankvs 15+ SIC 24100 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2023

Net Worth

-£381k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£400k

Working capital

Current Assets

£367k

Current Liabilities

£767k

Fixed Assets

£33k

5avg. employees

Balance Sheet

Assets less current liabilities-£367k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20230.48

Derived from filed accounts. Not audited figures.