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Faulkner Racing Ltd

11387890

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

DEVAUDEN COURT, CHEPSTOW, NP16 6PL
Incorporated 30/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Thomas Paul Faulkner

director · Since 30/05/2018

DIRECTOR

BRITISH · WALES · Age 44

Also on 4 other boards

Persons with Significant Control

Mr Thomas Paul Faulkner

Significant control

British · Wales · Age 44

Devauden Court, Kilgwrrwg, Devauden, Chepstow, NP16 6PL

Notified 30/05/2018

CompanyRankvs 12098+ SIC 93199 peers
41

Financial strength9th percentile among SIC peers · 2/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 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.

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 31/07/2025

Net Worth

-£22k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£150k

Working capital

Current Assets

£142k

Current Liabilities

£292k

Fixed Assets

£128k

Debtors

£29k

5avg. employees

Balance Sheet

Assets less current liabilities-£22k
Signed by Mr Thomas Faulkner 10 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.49

Derived from filed accounts. Not audited figures.