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Wright Racing Engines Ltd

11177994

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LEAMSIDE GUYS HEAD ROAD, SPALDING, PE12 9QL
Incorporated 30/01/2018

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

33120
Repair of machinery
93110
Operation of sports facilities

Officers

Mr Colin Jamison Wright

director · Since 30/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr David Edward William Wright

director · Since 30/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Mr Colin Wright

25–50% shares
25–50% votes

British · United Kingdom · Age 61

Vinewillow House, Old Wokingham Road, Wokingham, RG40 3BT

Notified 30/01/2018

Mr David Edward William Wright

25–50% shares
25–50% votes

British · England · Age 29

Leamside, Guys Head Road, Spalding, PE12 9QL

Notified 01/02/2022

CompanyRankvs 3377+ SIC 33120 peers
41

Financial strength33th percentile among SIC peers · 8/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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 31/01/2026

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£22k

Current Liabilities

£37k

Fixed Assets

£16k

1avg. employees+1

Balance Sheet

Assets less current liabilities£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20260.59-£10k
20250.79+£15k
20240.61+£237
20230.00

Derived from filed accounts. Not audited figures.