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Race Drive Ltd

13777563

active
Private Limited Company
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

16 PORTLAND STREET, BRISTOL, BS8 4JH
Incorporated 02/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
93290
Other amusement and recreation activities

Officers

Mr Armando Zamparelli

secretary · Since 02/12/2021

Mr Armando Roberto Zamparelli

director · Since 02/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 3 other boards

Persons with Significant Control

Mr Armando Zamparelli

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

British · England · Age 33

16, Portland Street, Bristol, BS8 4JH

Notified 02/12/2021

CompanyRankvs 22962+ SIC 45112 peers
27

Financial strength12th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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22962Race Drive Ltd
26
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.

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

-£14k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£20k

Current Liabilities

£44k

Fixed Assets

£10k

0avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£6k
20230.47+£2k
20220.01—

Derived from filed accounts. Not audited figures.