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Ultratek Racing Ltd

10708823

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 22 WATLING STREET, TAMWORTH, B77 5AE
Incorporated 04/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities
93199
Other amusement and recreation activities

Officers

Mrs Anita Karen Plowman

director · Since 01/01/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Persons with Significant Control

Martin James Plowman

25–50% shares
25–50% votes

British · United Kingdom · Age 38

28, Black Horse Hill, Appleby Magna, DE12 7AQ

Notified 04/04/2017

Mr Benjamin Ian Snowdon

25–50% shares

British · England · Age 48

Unit 22, Watling Street, Tamworth, B77 5AE

Notified 03/04/2025

Former PSCs

Mr Benjamin Ian Snowdon

Ceased 03/04/2025

CompanyRankvs 138089+ SIC 82990 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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138089Ultratek Racing Ltd
33
How is this score calculated?
Financial strength1/25 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.

Longevity9/15 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 30/04/2025

Net Worth

-£97k

Balance sheet strength

Cash

£823

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£48k

Current Liabilities

£145k

Debtors

£47k

1avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities-£97k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£3k
20240.29+£216
20230.22-£1k
20220.16-£18k
20210.42+£16k
20200.24+£9k
20190.26—

Derived from filed accounts. Not audited figures.