Company Overview
The Race Factory Ltd is a Dissolved Private Limited Company.
Registered Address

151 Fillongley Road Meriden, Coventry, West Midlands, CV7 7LT
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Companies House Data
Company NameTHE RACE FACTORY LTD
Company Number10276555
Registered Office Address151 Fillongley Road Meriden
 CV7 7LT
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date13/07/2016
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2021
Accounts Last Made Up Date30/09/2019
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date10/08/2017
Directors & Members
Show Resigned
Steven Stretton - Director
(British, 68 years old, born June 1958)
Appointed 13 July 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Steven Stretton
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2017
Balance Sheet
Fixed Assets 57,342 76,457 77,775
Current Assets 23,071 41,763 39,437
Creditors Due Within One Year 61,763 58,028 34,951
Working Cap -38,692 -16,265 4,486
Total Assets Less Current Liabilities 18,650 60,192 82,261
Long-term Liabilities 32,260 64,621 90,477
Net Assets -13,610 -4,429 -8,216
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -13,610 -4,429 -8,216
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2017
Tangible Fixed Assets - - -
Fixed Assets 71.3% 64.7% 66.4%
Stocks Inventory - - -
Debtors - 3.1% 4.3%
Cash Bank In Hand - 21.7% 15.7%
Current Assets 28.7% 35.3% 33.6%
Creditors Due Within One Year 76.8% 49.1% 29.8%
Net Current Assets Liabilities -48.1% -13.8% 3.8%
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 -16.9% -3.7% -7.0%
Capital Employed - - -
Total Assets Less Current Liabilities 23.2% 50.9% 70.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2017
Liquidity Ratio 0.4 0.7 1.1
Solvency Ratio 0.9 1.0 0.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2017
Assets 80,413 118,220 117,212
Debt 94,023 122,649 125,428
Net Assets/Debt -13,610 -4,429 -8,216
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
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Document Filings
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Director's details changed for Mr Steven Stretton on 8 January 2021
Registered office address changed from Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT England to 151 Fillongley Road Meriden Coventry West Midlands CV7 7LT on 8 January 2021
Satisfaction of charge 102765550001 in full
Confirmation statement made on 12 July 2020 with updates
Termination of appointment of Susan Jane Stretton as a director on 23 March 2020
Confirmation statement made on 12 July 2019 with updates
Registered office address changed from 73 Stoneleigh Broadway Stoneleigh Epsom Surrey KT17 2HP United Kingdom to Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT on 15 April 2019
Confirmation statement made on 12 July 2018 with updates
Current accounting period extended from 31 July 2017 to 30 September 2017
Confirmation statement made on 12 July 2017 with updates
Notification of Susan Jane Stretton as a person with significant control on 13 July 2016
Notification of Steven Stretton as a person with significant control on 13 July 2016
Termination of appointment of Stuart Ellis Stretton as a director on 12 October 2016
Termination of appointment of Jenna Stretton as a director on 12 October 2016
Registration of charge 102765550001, created on 24 August 2016
Incorporation
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