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Forty40 Racing Ltd

12337553

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

6 LYNDHURST AVENUE, CAMBERLEY, GU17 0EX
Incorporated 27/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mrs Chantal Louise Page

director · Since 05/09/2022

ACCOUNTANT

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Robin Michael Page

director · Since 05/09/2022

MECHANIC

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mrs Chantal Louise Page

25–50% shares
25–50% votes

British · England · Age 36

Unit 3b, Thruxton Industrial Estate, Thruxton, Andover, SP11 8PW

Notified 20/09/2022

Mr Robin Michael Page

25–50% shares
25–50% votes

British · England · Age 41

Unit 3b, Thruxton Industrial Estate, Thruxton, Andover, SP11 8PW

Notified 20/09/2022

Former PSCs

Mr Daniel James Perry

Ceased 20/09/2022

Mr Jeremy Banks

Ceased 20/09/2022

CompanyRankvs 14083+ SIC 93290 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.56× · 6/20
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2025

Net Worth

-£90k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£81k

Current Liabilities

£144k

Fixed Assets

£12k

0avg. employees

Balance Sheet

Assets less current liabilities-£51k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£172k
20240.56+£8k
20230.50

Derived from filed accounts. Not audited figures.