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L C Racing Limited

14568251

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

PENHILL FARM, SALPERTON, GL54 4ED
Incorporated 03/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Ms Laura May Collett

director · Since 03/01/2023

EQUESTRIAN

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Persons with Significant Control

Ms Laura May Collett

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

British · United Kingdom · Age 36

Penhill Farm, Salperton, GL54 4ED

Notified 03/01/2023

CompanyRankvs 5204+ SIC 93199 peers
63

Financial strength71th percentile among SIC peers · 18/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 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.

Longevity4/15 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

£12k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£13k

Current Liabilities

£4k

Fixed Assets

£5k

Debtors

£8k

1avg. employees

Tax at Year End

Corp tax£3k
VAT£315

Director Loans

Company owes directors£2k
Directors owe company£7k

Balance Sheet

Assets less current liabilities£13k
Signed by Ms L M Collett 30 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.92-£5k£6k
20233.52£42k

Derived from filed accounts. Not audited figures.