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Mahiki Racing Ltd

15273387

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

UNIT 8 RIVERSIDE, STOKE-ON-TRENT, ST4 4RJ
Incorporated 09/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Steven Michael Lake

director · Since 09/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 9 other boards

Persons with Significant Control

Mr Steven Michael Lake

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Cherry Tree Court, Cross Street, Leek, ST13 6BL

Notified 09/11/2023

Mr Jordan Lee Kerridge

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

British · England · Age 30

Unit 8 Riverside, 2 Campbell Road, Stoke-On-Trent, ST4 4RJ

Notified 21/03/2024

CompanyRankvs 37518+ SIC 45200 peers
32

Financial strength28th percentile among SIC peers · 7/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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37518Mahiki Racing Ltd
27
How is this score calculated?
Financial strength7/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 30/11/2024

Net Worth

£100

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

-£212k

Working capital

Current Assets

£264k

Current Liabilities

£476k

Fixed Assets

£79k

Debtors

£6k

0avg. employees

Balance Sheet

Intangible assets£621
Assets less current liabilities-£133k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.55

Derived from filed accounts. Not audited figures.