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W Racing Ltd

11682848

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

2 PAVILION COURT, NORTHAMPTON, NN4 7SL
Incorporated 16/11/2018

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

93199
Other amusement and recreation activities

Officers

Alexander Gustav Lennart West

director · Since 16/11/2018

BUSINESSMAN

SWEDISH · HONG KONG · Age 60

Persons with Significant Control

Coalville Holdings Ltd

75–100% shares
75–100% votes

2 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL

Reg: Not Applicable · England Company Registry · Limited

Notified 16/11/2018

CompanyRankvs 16615+ SIC 93199 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.17× · 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 strength1/25 pts

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

Employees6/15 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 31/12/2024

Net Worth

-£240k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£231k

Current Liabilities

£1.4M

Fixed Assets

£4.6M

1avg. employees

Balance Sheet

Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17-£24k
20230.26-£133k
202282.41+£2.0M
20210.63-£255k
20200.78-£765k
20190.89

Derived from filed accounts. Not audited figures.