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Bailey James Racing Ltd

15312846

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
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)
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

3 ELLERBECK CLOSE, BURNLEY, BB10 2FA
Incorporated 28/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mrs Kristy Jayne Collinge

director · Since 28/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Simon James Collinge

director · Since 28/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Simon James Collinge

25–50% votes
Appoint directors

British · England · Age 53

3, Ellerbeck Close, Burnley, BB10 2FA

Notified 28/11/2023

Mrs Kristy Jayne Collinge

25–50% votes
Appoint directors

British · England · Age 48

3, Ellerbeck Close, Burnley, BB10 2FA

Notified 28/11/2023

CompanyRankvs 8698+ SIC 93199 peers
52

Financial strength11th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 22.32× · 20/20
Longevity3 years trading (max 15) · 3/15
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.

Employees11/15 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.

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

-£13k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£13k

Bottom line earnings

Net Current Assets

£3k

Working capital

Current Assets

£3k

Current Liabilities

£130

Debtors

£3k

Gross Profit

£650

Admin Expenses

£14k

Operating Profit

-£13k

Profit After Tax

-£13k

2avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 28.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
202422.32

Derived from filed accounts. Not audited figures.