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Kings Lynn Speedway Ltd

13312759

active
Private Limited Company
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

23 LONDON ROAD, DOWNHAM MARKET, PE38 9BJ
Incorporated 03/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93110
Operation of sports facilities

Officers

Mrs Cheryl Chapman

director · Since 03/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mr Keith Chapman

director · Since 03/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr Keith Chapman

25–50% shares

British · United Kingdom · Age 67

Norfolk Arena, Norfolk Arena, Saddlebow Road, King's Lynn, PE34 3AG

Notified 03/04/2021

Mrs Cheryl Chapman

25–50% shares

British · United Kingdom · Age 64

Norfolk Arena, Norfolk Arena, Saddlebow Road, King's Lynn, PE34 3AG

Notified 03/04/2021

CompanyRankvs 3058+ SIC 93110 peers
45

Financial strength13th percentile among SIC peers · 3/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.52× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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.

Longevity5/15 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 29/12/2024

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£126k

Current Liabilities

£50k

0avg. employees-2

Balance Sheet

Assets less current liabilities£76k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.52-£6k
20231.94

Derived from filed accounts. Not audited figures.