Back to search

Wright Racing Engines Ltd

11177994

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 3280+ SIC 33120 peers
42

Financial strength47th percentile among SIC peers · 12/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1William Freer Limited
90
2Bavenhill Mechanics Company Limited
90
3Wrights (Gamlingay) Limited
90
4Central Electrical Armature Winding Co. Limited
90
5Westwell Developments Limited
90
6Becker U K Limited
90
7Forest Press Hydraulics Limited
90
8Juliana Greenhouses Ltd
90
9Baumuller (U.K.) Limited
90
10Concorde I Limited
90
3280Wright Racing Engines Ltd
38
How is this score calculated?
Financial strength12/25 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.

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.

Longevity8/15 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 31/01/2025

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£17k

Current Liabilities

£21k

Fixed Assets

£16k

0avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.79+£15k
20240.61+£237
20230.00—
2019NaN—

Derived from filed accounts. Not audited figures.