Mx Racing Limited
09924245
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/12/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 4 other boards
director · Since 10/09/2019
SALES DIRECTOR
BRITISH · ENGLAND · Age 26
Also on 5 other boards
director · Since 22/07/2020
BUILDING CONTRACTOR
BRITISH · ENGLAND · Age 24
Also on 3 other boards
Persons with Significant Control
Mr Matthew David Taylor
British · England · Age 54
The Old School, Old School Lane, Louth, LN11 9TQ
Notified 06/04/2016
CompanyRankvs 1550+ SIC 45400 peers47
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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
-£22k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£74k
Working capital
Current Assets
£85k
Current Liabilities
£159k
Fixed Assets
£57k
Debtors
£5k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.54 | +£3k | £19k |
| 2023 | 0.42 | +£12k | £12k |
| 2022 | 0.40 | -£22k | £17k |
| 2021 | 0.55 | -£12k | £3k |
| 2020 | 0.62 | +£5k | — |
| 2019 | 0.47 | — | — |
| 2018 | 0.44 | — | — |
Derived from filed accounts. Not audited figures.