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Race@Home Ltd

12946413

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

32 WESTCOTES DRIVE, LEICESTER, LE3 0QR
Incorporated 13/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

25990
Manufacture of other fabricated metal products
47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mr Robert Welland

director · Since 13/10/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Robert Welland

75–100% shares
75–100% votes
Appoint directors

British · England · Age 64

32, Westcotes Drive, Leicester, LE3 0QR

Notified 13/10/2020

CompanyRankvs 4700+ SIC 25990 peers
46

Financial strength2th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.23× · 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 strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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 31/10/2024

Turnover

£184k

Annual revenue

Net Worth

-£133k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£128k

Current Liabilities

£57k

Fixed Assets

£8k

Profit After Tax

-£17k

1avg. employees

Balance Sheet

Depreciation£2k
Assets less current liabilities£80k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20242.23-£17k
20232.95-£56k
20222.01-£121k
20218.52

Derived from filed accounts. Not audited figures.