Back to search

24-7 Motorsport Limited

11614049

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

UNIT 5 OAKS FARM BESTHORPE ROAD, NORWICH, NR16 1NF
Incorporated 10/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Phillip David Robert Hurn

director · Since 10/10/2018

TEAM MANAGER

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Phillip David Robert Hurn

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 44

Unit 5 Oaks Farm, Besthorpe Road, Norwich, NR16 1NF

Notified 10/10/2018

Mr Chris Griffin

25–50% shares
25–50% votes

British · England · Age 57

Unit 5 Oaks Farm, Besthorpe Road, Norwich, NR16 1NF

Notified 27/11/2018

CompanyRankvs 6326+ SIC 93199 peers
59

Financial strength12th percentile among SIC peers · 3/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 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.

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 31/10/2025

Net Worth

-£9k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£114k

Current Liabilities

£49k

Fixed Assets

£98k

Debtors

£13k

3avg. employees-1

Tax at Year End

VAT£11k

Balance Sheet

Bank loans & overdrafts£44k
Assets less current liabilities£163k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.31-£79k£227k
20241.94+£8k£282k
20231.69£385k

Derived from filed accounts. Not audited figures.