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High Spec Racing Limited

13775899

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

TOP FLOOR BUCKLEY HOUSE, ROMSEY, SO51 8GD
Incorporated 01/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
93199
Other amusement and recreation activities

Officers

Mr William Edward Hall

director · Since 01/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 76

Mr Scott Mittell

director · Since 01/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Scott Mittell

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 41

Top Floor Buckley House, 31a The Hundred, Romsey, SO51 8GD

Notified 01/12/2021

CompanyRankvs 40734+ SIC 45200 peers
23

Financial strength1th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.26× · 2/20
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 strength0/25 pts

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

Employees1/15 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.

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 31/12/2024

Net Worth

-£143k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£524

Working capital

Current Assets

£180

Current Liabilities

£704

Fixed Assets

£86k

0avg. employees

Balance Sheet

Assets less current liabilities£85k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£22k
20230.20-£31k
20222.95

Derived from filed accounts. Not audited figures.