Hangar 111 Racing Limited
11847220
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/02/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 6 other boards
Persons with Significant Control
Mr Gregory Geoffrey Lock
British · England · Age 54
45, Crown Close, Woodbridge, IP12 4UH
Notified 26/02/2019
CompanyRankvs 8594+ SIC 93199 peers51
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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 28/02/2025
Net Worth
£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£453
Working capital
Current Assets
£1k
Current Liabilities
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.44 | +£14k |
| 2024 | 0.55 | -£1k |
| 2023 | 0.61 | -£7k |
| 2022 | 0.57 | -£9k |
| 2021 | 3.01 | -£11k |
| 2020 | 0.33 | — |
Derived from filed accounts. Not audited figures.