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Power Maxed Racing Ltd

09312754

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

AUTOMOTIVE BRANDS BUILDING OLD CONCRETE WORKS, WESTON SUBEDGE, WR11 7QA
Incorporated 14/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Adam Leonard Weaver

director · Since 14/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Persons with Significant Control

Mr Adam Leonard Weaver

75–100% shares
75–100% votes
Appoint directors

British · England · Age 46

Automotive Brands Building, Old Concrete Works, Weston Subedge, WR11 7QA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Charge
satisfied

BCRS BUSINESS LOANS LIMITED

Created 10/12/2018Registered 12/12/2018Satisfied 07/08/2019
Charge
satisfied

BCRS BUSINESS LOANS LIMITED

Created 19/05/2016Registered 23/05/2016Satisfied 07/08/2019

CompanyRankvs 11262+ SIC 93199 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11262Power Maxed Racing Ltd
43
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

-£338k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£264k

Working capital

Current Assets

£388k

Current Liabilities

£652k

Fixed Assets

£13k

Debtors

£386k

10avg. employees

Balance Sheet

Assets less current liabilities-£251k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59-£48k
20230.59-£30k
20220.66-£8k
20210.61—

Derived from filed accounts. Not audited figures.