Theodore Racing Limited
09217098
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/06/2015
ENTREPRENEUR
IRISH · MONACO · Age 74
Also on 2 other boards
Persons with Significant Control
Mr Teddy Yip
Canadian · Canada · Age 44
Henge Barn, Pury Hill Business Park, Towcester, NN12 7LS
Notified 06/04/2016
CompanyRankvs 8898+ SIC 93199 peers54
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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.
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
-£689k
Balance sheet strength
Cash
£345k
Cash in the bank
Net Current Assets
£242k
Working capital
Current Assets
£486k
Current Liabilities
£244k
Fixed Assets
£5k
Debtors
£140k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.99 | +£96k |
| 2023 | 2.06 | — |
Derived from filed accounts. Not audited figures.