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Challenge Offshore Racing Limited

12171754

active
Private Limited Company
england wales
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

SPAR DISTRIBUTION CENTRE, PRESTON, PR2 5QT
Incorporated 23/08/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 22/08/2025

Due 05/09/2026

On track

Industry

50100
Sea and coastal passenger water transport

Officers

Mr Samuel James Stuart Hall

director · Since 01/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 25

Also on 1 other board

Mr Andrew Nicholas Hall

director · Since 16/10/2020

COMPANY DIRECTOR

BRITISH · WALES · Age 76

Also on 37 other boards

Ms Patricia Nicola Blow

secretary · Since 10/11/2020

Persons with Significant Control

Mr Samuel James Stuart Hall

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 25

Spar Distribution Centre, Bowland View, Preston, PR2 5QT

Notified 01/07/2020

Former PSCs

Brabners Nominees Limited

Ceased 01/07/2020

CompanyRankvs 645+ SIC 50100 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Employees3/15 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.

Longevity7/15 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 31/03/2025

Net Worth

-£1.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£3k

Current Liabilities

£10k

Fixed Assets

£430k

0avg. employees-2

Balance Sheet

Assets less current liabilities£424k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36-£199k
20240.09-£350k
20230.95

Derived from filed accounts. Not audited figures.