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Gfr Racing Limited

10414224

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

STERLING HOUSE, REDHILL, RH1 6RW
Incorporated 06/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Grant Fergus Reid

director · Since 06/10/2016

COMPANY DIRECTOR

BRITISH · UNITED STATES · Age 67

Also on 1 other board

Persons with Significant Control

Gfr Holdings Limited

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

3, City Place, Gatwick, RH6 0PA

Reg: 10413328 · Companies House · Limited By Shares

Notified 06/10/2016

CompanyRankvs 33342+ SIC 45200 peers
33

Financial strength20th percentile among SIC peers · 5/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.01× · 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.

Employees1/15 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 31/10/2024

Net Worth

£1

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£26k

Current Liabilities

£2.1M

Fixed Assets

£3

Debtors

£8k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01
20230.03
20220.03
20210.04

Derived from filed accounts. Not audited figures.