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Sim1 Racing Ltd

10284263

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

21 SOVEREIGN PLACE, HATFIELD, AL9 5ET
Incorporated 18/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46180
Agents specialised in the sale of other particular products
63110
Data processing, hosting and related activities
94990
Activities of other membership organisations

Officers

Mr Leigh Alexander Britten

director · Since 18/07/2016

DIRECTOR AND FOUNDER

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Britten Enterprises Ltd

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

21, Sovereign Place, Hatfield, AL9 5ET

Reg: 08710365 · Companies House · Limited Company

Notified 18/07/2016

Former PSCs

Mr. Leigh Britten

Ceased 18/07/2016

CompanyRankvs 4634+ SIC 46180 peers
38

Financial strength20th percentile among SIC peers · 5/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

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

£1

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£104k

Working capital

Current Assets

£29k

Current Liabilities

£133k

Fixed Assets

£32k

Debtors

£11k

1avg. employees

Balance Sheet

Assets less current liabilities-£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.22
20250.22
20240.22
20220.02
20210.01
20200.01
20190.12

Derived from filed accounts. Not audited figures.