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Ms Race Development Limited

11023878

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 6 SIMCOX COURT, MIDDLESBROUGH, TS2 1UX
Incorporated 20/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
70229
Management consultancy activities
71122
Engineering related scientific and technical consulting activities
93199
Other amusement and recreation activities

Officers

Mr Michael Joseph Shanley

director · Since 20/10/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Mrs Leanne Alison Corry-Shanley

director · Since 06/04/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Michael Joseph Shanley

25–50% shares
25–50% votes

British · United Kingdom · Age 50

7, High Peak, Guisborough, TS14 7NG

Notified 20/10/2017

Mrs Leanne Alison Corry-Shanley

25–50% shares
25–50% votes

British · England · Age 46

7, High Peak, Guisborough, TS14 7NG

Notified 20/10/2017

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/08/2021Registered 13/08/2021

CompanyRankvs 7231+ SIC 45200 peers
62

Financial strength82th percentile among SIC peers · 21/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.04× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7231Ms Race Development Limited
71
How is this score calculated?
Financial strength21/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£83k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£34k

Current Liabilities

£17k

Fixed Assets

£127k

2avg. employees+2

Balance Sheet

Assets less current liabilities£144k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.04+£2k
20241.16+£30k
20230.54+£2k
20220.63+£12k
20210.65+£8k
20203.13+£6k
20191.74+£1k
20181.56—

Derived from filed accounts. Not audited figures.