Race Team Operations Ltd
12344513
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/12/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 30
Also on 2 other boards
Persons with Significant Control
Mr Matthew Thomas Street
British · United Kingdom · Age 30
Teamkarting Ensor Mill, Queensway, Rochdale, OL11 2NU
Notified 02/12/2019
Charges1 outstanding
NPIF II - SMALLER LOANS NW LP
CompanyRankvs 2407+ SIC 85510 peers54
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£19k
Working capital
Current Assets
£50k
Current Liabilities
£31k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.60 | +£5k |
| 2023 | 1.37 | +£30k |
| 2022 | 0.97 | -£31k |
| 2021 | 3.02 | — |
Derived from filed accounts. Not audited figures.