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Andretti Formula E Limited

09243026

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 MEAD COURT THORPE MEAD, BANBURY, OX16 4RZ
Incorporated 01/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities
71200
Technical testing and analysis
93199
Other amusement and recreation activities

Officers

Daniel Towriss

director · Since 18/03/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 54

Jill Gregory

director · Since 25/06/2025

COO OF TWG MOTORSPORTS

AMERICAN · UNITED STATES · Age 60

Persons with Significant Control

Mr Mark R. Walter

75–100% shares
75–100% votes

American · United States · Age 66

Suite 5000, 227 W Monroe St., Chicago, 60606

Notified 25/10/2024

Former PSCs

Mr Robert Walter Arnott

Ceased 19/09/2017

Mr Michael Mario Andretti

Ceased 25/10/2024

Robert L. Patton, Jr.

Ceased 08/06/2026

Charges1 outstanding

A registered charge
outstanding

HPS INVESTMENT PARTNERS, LLC AS SECURITY TRUSTEE FOR ITSELF AND THE SECURED PARTIES

Created 11/08/2026Registered 11/08/2026

CompanyRankvs 5040+ SIC 71129 peers
59

Financial strength26th percentile among SIC peers · 7/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.93× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£100

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£4.0M

Current Liabilities

£806k

Fixed Assets

£553k

Debtors

£2.7M

16avg. employees+1

Tax at Year End

VAT£19k

Balance Sheet

Intangible assets£70k
Assets less current liabilities£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20254.93£375k
20240.11
20230.21

Derived from filed accounts. Not audited figures.