2 Seas Motorsport Ltd
12256049
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/10/2019
Persons with Significant Control
Mr Nicholas Michael Cristofaro
English · England · Age 32
3rd Floor, Suffolk House, Croydon, CR0 0YN
Notified 11/10/2019
Mr Isa Abdulla Hamed Al-Khalifa
Bahraini · England · Age 27
3rd Floor, Suffolk House, Croydon, CR0 0YN
Notified 11/10/2019
CompanyRankvs 9939+ SIC 93199 peers48
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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 31/03/2025
Net Worth
-£6.1M
Balance sheet strength
Cash
£68k
Cash in the bank
Net Current Assets
£478k
Working capital
Current Assets
£1.5M
Current Liabilities
£978k
Fixed Assets
£1.3M
Debtors
£1.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.49 | -£664k |
| 2024 | 2.09 | -£222k |
| 2023 | 0.85 | — |
Derived from filed accounts. Not audited figures.