Higgins Motorsport Services Ltd
09507821
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/03/2015
PROFESSIONAL DRIVER
UNITED KINGDOM · WALES · Age 53
director · Since 25/03/2015
COMPANY MANAGER
UNITED KINGDOM · WALES · Age 53
Also on 1 other board
Persons with Significant Control
Mrs Kara Cheryl Higgins
British · Wales · Age 53
Brandywell, 1 Bodaioch Lane, Caersws, SY17 5PN
Notified 06/04/2016
Mr David Andrew Higgins
British · Wales · Age 53
Brandywell, 1 Bodaioch Lane, Caersws, SY17 5PN
Notified 06/04/2016
CompanyRankvs 1517+ SIC 93290 peers75
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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 31/03/2025
Net Worth
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£37k
Working capital
Current Assets
£52k
Current Liabilities
£15k
Fixed Assets
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.44 | +£10k |
| 2024 | 0.94 | -£32k |
| 2023 | 110.88 | -£86k |
| 2022 | 82.43 | -£100k |
| 2021 | 53.80 | — |
Derived from filed accounts. Not audited figures.