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Luke Williams Racing Limited

11689836

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

GOOSEBUTT COTTAGE TOPCLIFFE ROAD, THIRSK, YO7 3HQ
Incorporated 21/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Luke Matthew Williams

director · Since 21/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Luke Matthew Williams

75–100% shares

British · England · Age 34

Goosebutt Cottage, Topcliffe Road, Thirsk, YO7 3HQ

Notified 21/11/2018

CompanyRankvs 18433+ SIC 93199 peers
28

Financial strength3th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 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.

Employees2/15 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 30/09/2024

Net Worth

-£154k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£168k

Working capital

Current Assets

£3k

Current Liabilities

£171k

Fixed Assets

£17k

Debtors

£1k

0avg. employees

Balance Sheet

Assets less current liabilities-£151k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£24k
20230.02-£41k
20220.03-£33k
20210.01-£2k
20200.17-£3k
20190.05

Derived from filed accounts. Not audited figures.