Company Overview
Force Asia Racing Limited is a Dissolved Private Limited Company.
Registered Address

Unit 3-4 Nisbett Walk, Sidcup, DA14 6BT
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Companies House Data
Company NameFORCE ASIA RACING LIMITED
Company Number03988820
Registered Office AddressUnit 3-4 Nisbett Walk
 DA14 6BT
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date09/05/2000
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2022
Accounts Last Made Up Date31/05/2020
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date23/03/2017
Returns Last Made Up Date23/02/2016
Previous Company NameChanged Date
PERFORMANCE FORCE ASIA RACING LIMITED23 Jun 2015
ALLSTAR MANAGEMENT LIMITED27 May 2015
Directors & Members
Show Resigned
Ronie Silva - Director
(British, 64 years old, born May 1962)
Appointed 01 January 2015
 Active
Secretaries
Show Resigned
Other Company Directorships
Ronie Silva
CROSSBOW LIMITED
JO APP DEALS LIMITED
MCMILLAN WOODS CONSULTANCY LIMITED
ROSE HERBAL DIABETES LIMITED
SPITFIRE OILS LIMITED
SPITFIRE UK LIMITED
ST PETER AND ST PAUL CATHOLIC PRIMARY ACADEMY
Balance Sheet Unlock full report
Accounts Date 31-May-2020 31-May-2019 31-May-2018
Balance Sheet
Fixed Assets - - 0
Current Assets - - 68,108
Creditors Due Within One Year - - 0
Working Cap 67,230 67,638 68,108
Total Assets Less Current Liabilities 67,230 67,638 68,108
Long-term Liabilities - - 0
Net Assets 67,230 67,638 68,108
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 67,230 67,638 68,108
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2020 31-May-2019 31-May-2018
Tangible Fixed Assets - - -
Fixed Assets - - 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - 100.0%
Current Assets - - 100.0%
Creditors Due Within One Year - - 0.0%
Net Current Assets Liabilities - - 100.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities - - 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2020 31-May-2019 31-May-2018
Liquidity Ratio 67230.0 67638.0 68108.0
Solvency Ratio - - ∞
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2020 31-May-2019 31-May-2018
Assets - - 68,108
Debt - - 0
Net Assets/Debt 67,230 67,638 68,108
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around DA14 6BT
No other companies found in the same location
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Register inspection address has been changed to Ashfields Suite, 3-4 Nisbett Walk Sidcup DA14 6BT
Notification of Ronnie Silva as a person with significant control on 22 December 2021
Confirmation statement made on 22 December 2021 with updates
Registered office address changed from Ashfields Suite, International House Cray Avenue Orpington Kent BR5 3RS to Unit 3-4 Nisbett Walk Sidcup DA14 6BT on 6 September 2021
Confirmation statement made on 17 May 2021 with updates
Confirmation statement made on 25 October 2020 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 25 October 2019 with no updates
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 25 October 2018 with no updates
Confirmation statement made on 25 October 2017 with no updates
Confirmation statement made on 25 October 2016 with updates
Director's details changed for Dr Ronie Silva on 15 October 2016
Termination of appointment of Shamir Kumar Nandy as a director on 1 September 2016
Director's details changed for Mr Shamir Kumar Nandy on 6 April 2016
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