Brad Freeman Racing Limited
11474840
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 20/07/2018
Persons with Significant Control
Mr Brad Freeman
British · United Kingdom · Age 30
The Dairy, Springs Farm, Coalpit Lane, Rugeley, WS15 1EW
Notified 20/07/2018
CompanyRankvs 1177+ SIC 93199 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£413k
Balance sheet strength
Cash
£405k
Cash in the bank
Net Current Assets
£324k
Working capital
Current Assets
£406k
Current Liabilities
£83k
Fixed Assets
£102k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.92 | +£93k |
| 2023 | 4.40 | — |
Derived from filed accounts. Not audited figures.