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21 Racing Ltd

12383717

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 PAVILION COURT, NORTHAMPTON, NN4 7SL
Incorporated 02/01/2020

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/01/2026

Due 15/01/2027

On track

Industry

70229
Management consultancy activities
74909
Other professional, scientific and technical activities
93199
Other amusement and recreation activities
96090
Other personal service activities

Officers

Paul Rattican

director · Since 02/01/2020

BUSINESSMAN

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Paul Rattican

25–50% shares
25–50% votes

British · England · Age 60

2 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL

Notified 02/01/2020

Joshua Paul Rattican

25–50% shares
25–50% votes

British · England · Age 22

2 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL

Notified 02/01/2020

CompanyRankvs 187721+ SIC 70229 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Longevity6/15 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 31/12/2024

Net Worth

-£401k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£457k

Working capital

Current Assets

£35k

Current Liabilities

£492k

Fixed Assets

£55k

0avg. employees

Balance Sheet

Assets less current liabilities-£401k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£62k
20230.08-£57k
20220.05-£29k
20210.07-£161k
20200.17—

Derived from filed accounts. Not audited figures.