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Midlands Performance Racing Limited

12183786

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT B18 MARSTON HALL DEPOT, BEDWORTH, CV12 9SD
Incorporated 02/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45400
Sale, maintenance and repair of motorcycles and related parts and accessories
62090
Other information technology service activities

Officers

Mr Marcus Webster

secretary · Since 02/09/2019

Mr Brendon Lee Webster

director · Since 02/09/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Marcus Craig Webster

director · Since 02/09/2019

EXECUTIVE

BRITISH · UNITED KINGDOM · Age 51

Also on 6 other boards

Mr Stephen Webster

director · Since 02/09/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 75

Persons with Significant Control

Mr Brendon Lee Webster

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

27, Falcon Close, Nuneaton, CV11 6TE

Notified 02/09/2019

Mr Marcus Craig Webster

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

8, Grassington Drive, Nuneaton, CV11 6WE

Notified 02/09/2019

CompanyRankvs 21519+ SIC 45112 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees14th percentile among SIC peers · 2/15
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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21519Midlands Performance Racing Limited
28
How is this score calculated?
Financial strength2/25 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.

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 30/09/2023

Net Worth

-£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£31k

Current Liabilities

£89k

Fixed Assets

£28k

0avg. employees

Balance Sheet

Assets less current liabilities-£29k
Signed by 1.10.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20230.36

Derived from filed accounts. Not audited figures.