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Forty40 Racing Ltd

12337553

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

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 7749+ SIC 93290 peers
51

Financial strength84th percentile among SIC peers · 21/25
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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7749Forty40 Racing Ltd
46
How is this score calculated?
Financial strength21/25 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 30/11/2024

Net Worth

£82k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£74k

Current Liabilities

£132k

Fixed Assets

£15k

0avg. employees

Balance Sheet

Assets less current liabilities£43k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56+£8k
20230.50-£27k
20220.24+£177k
20210.08—

Derived from filed accounts. Not audited figures.