Position 1 Race & Performance Equipment Ltd
09645826
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 18/06/2015
director · Since 18/06/2015
MECHANIC
BRITISH · ENGLAND · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Philip James Charles Rowley
British · England · Age 55
Lower Upton Farm, Lower Upton, Cullompton, EX15 1RA
Notified 06/04/2016
Former PSCs
Mr Paul Richard Wheeler
Ceased 27/05/2025
CompanyRankvs 282+ SIC 29201 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 29/06/2025
Net Worth
£218k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£191k
Working capital
Current Assets
£6k
Current Liabilities
£197k
Fixed Assets
£3k
Tax at Year End(2018)
Director Loans(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.03 | +£424k | — |
| 2024 | 0.04 | -£26k | — |
| 2023 | 0.04 | -£27k | — |
| 2022 | 0.04 | -£32k | — |
| 2021 | 0.08 | -£41k | — |
| 2020 | 0.18 | -£17k | — |
| 2019 | 0.03 | +£669 | — |
| 2018 | 0.03 | — | £220 |
Derived from filed accounts. Not audited figures.