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Wathnan Racing (Uk) Limited

15583341

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

THE OLD RECTORY THE STREET, NEWMARKET, CB8 9PP
Incorporated 21/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93191
Activities of racehorse owners

Officers

Mr Richard Guy Whitney Brown

director · Since 21/03/2024

BLOODSTOCK AGENT

BRITISH · UNITED KINGDOM · Age 47

Mr Oliver Sinclair Tait

director · Since 21/03/2024

CONSULTANT

AUSTRALIAN · AUSTRALIA · Age 51

Persons with Significant Control

Abdulhadi Mana Al-Hajri

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

Qatari · Qatar · Age 46

The Old Rectory, The Street, Newmarket, CB8 9PP

Notified 21/03/2024

CompanyRankvs 182+ SIC 93191 peers
52

Financial strength2th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.51× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity2/15 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

-£1.6M

Balance sheet strength

Cash

£199k

Cash in the bank

Net Current Assets

£4.1M

Working capital

Current Assets

£4.7M

Current Liabilities

£625k

Fixed Assets

£130k

Debtors

£935k

Profit After Tax

-£1.6M

8avg. employees

People Costs

Wages & salaries£361k
NI contributions£37k

Balance Sheet

Assets less current liabilities£4.2M
Prepared with Sage Accounts Production 24.1 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20247.51

Derived from filed accounts. Not audited figures.