R1 Racing Ltd
08821274
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/12/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
Persons with Significant Control
Mr William Sebastian Beavis
British · United Kingdom · Age 49
Wilash House (Formerly Patmar), Queen Katherine Road, Lymington, SO41 3RZ
Notified 06/04/2016
Mrs Natasha Beavis
British · England · Age 55
Wilash House (Formerly Patmar), Queen Katherine Road, Lymington, SO41 3RZ
Notified 01/03/2022
CompanyRankvs 2744+ SIC 93290 peers69
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 31/12/2024
Net Worth
£39k
Balance sheet strength
Cash
£102k
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£102k
Current Liabilities
£81k
Fixed Assets
£24k
Debtors
£338
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.26 | +£12k |
| 2023 | 1.00 | -£53k |
| 2022 | 1.73 | +£32k |
| 2021 | 1.90 | — |
Derived from filed accounts. Not audited figures.