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Simply Race Manchester Limited

15760192

active
Private Limited Company
england wales
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

UNIT 9, 7 TRAFFORD WAY, MANCHESTER, M41 7JA
Incorporated 04/06/2024

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

93199
Other amusement and recreation activities

Officers

Michael Yau

director · Since 04/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Michael Yau

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

British · England · Age 41

1, Farmers Close, Sale, M33 2LJ

Notified 04/06/2024

CompanyRankvs 16907+ SIC 93199 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
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.

Employees11/15 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.

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 30/06/2025

Turnover

£16k

Annual revenue

Net Worth

-£122k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£217k

Working capital

Current Assets

£17k

Current Liabilities

£234k

Fixed Assets

£95k

Profit After Tax

-£122k

2avg. employees

Balance Sheet

Depreciation£2k
Assets less current liabilities-£122k
Signed by 4.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£0
20250.07

Derived from filed accounts. Not audited figures.