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Racing Digital Limited

12860668

active
ltd
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

Colworth House, Colworth Science Park, Sharnbrook, Bedford, MK44 1LQ
Incorporated 07/09/2020

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/07/2025

Due 06/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Ian Richard Penrose

director · Since 07/05/2021

British · England · Age 61

Alan Thomas Switzer

director · Since 10/03/2025

British · England · Age 52

Sharon O'Regan

director · Since 28/07/2025

Irish · Ireland · Age 45

Richard James Wayman

director · Since 06/03/2026

British · England · Age 55

Former

Richard James Wayman

director · Resigned 01/03/2023

Joseph William Saumarez Smith

director · Resigned 03/02/2025

Russell William Henry Ferris

director · Resigned 31/07/2025

Christopher Batterham

director · Resigned 04/02/2026

David James Armstrong

director · Resigned 18/02/2026

Persons with Significant Control

British Horseracing Authority Limited

25–50% shares
25–50% votes

75 High Holborn, London, WC1V 6LS

Reg: 02813358 · United Kingdom · Private Company Limited By Guarantee Without Share

Notified 07/09/2020

Weatherbys Ltd

25–50% shares
25–50% votes

Sanders Road, Finedon Road Industrial Estate, Wellingborough, NN8 4BX

Reg: 00526599 · United Kingdom · Private Limited Company

Notified 07/09/2020

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Colworth House, Colworth Science Park
2026-06-08

COLWORTH HOUSE, COLWORTH SCIENCE PARK

post townBedford
2026-06-08

BEDFORD

officer appointedO'REGAN, Sharon
2026-06-08
officer appointedPENROSE, Ian Richard
2026-06-08
officer appointedSWITZER, Alan Thomas
2026-06-08
officer appointedWAYMAN, Richard James
2026-06-08

CompanyRankvs 22602+ SIC 62012 peers
55

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.5× · 20/20
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.

Employees14/15 pts

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

Liquidity20/20 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

-£2.2M

Balance sheet strength

Cash

£474k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£3.4M

Current Liabilities

£977k

Fixed Assets

£10.7M

Debtors

£2.9M

15avg. employees+7

Balance Sheet

Intangible assets£10.7M
Assets less current liabilities£13.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.50-£1.2M
20235.74-£196k
20222.06-£535k
20212.97

Derived from filed accounts. Not audited figures.