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Simply Race Limited

08899239

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT G3, 12 GARRICK WALK, MILTON KEYNES, MK9 3PT
Incorporated 18/02/2014

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 18/02/2026

Due 04/03/2027

On track

Industry

93199
Other amusement and recreation activities

Officers

Mr Benjamin David James Rossiter-Turner

director · Since 18/02/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Mr Michael Yau

director · Since 18/02/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Benjamin David James Rossiter-Turner

Significant control

British · England · Age 35

Unit G3, 12, Garrick Walk, Milton Keynes, MK9 3PT

Notified 18/04/2016

Mr Michael Yau

Significant control

British · England · Age 41

Unit G3, 12, Garrick Walk, Milton Keynes, MK9 3PT

Notified 18/04/2016

CompanyRankvs 4774+ SIC 93199 peers
63

Financial strength11th percentile among SIC peers · 3/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.19× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 28/02/2025

Turnover

£224k

Annual revenue

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£40k

Current Liabilities

£8k

Fixed Assets

£29k

Profit After Tax

-£21k

4avg. employees+1

Balance Sheet

Depreciation£7k
Assets less current liabilities£61k
Signed by 1.3.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20255.19-£21k
20246.65+£33k
20238.63+£54k
202212.29-£37k
202112.46-£5k
20204.09+£567
20193.15

Derived from filed accounts. Not audited figures.