Liv2race Ltd

POWER SEARCH PRICING

SOLUTIONS

liv2race ltd Company Information

Live

EstablishedMicroDeclining

Company Number

05986231

Next Accounts

Jun 2025

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

Directors

Timothy Ball

Shareholders

timothy james ball

Group Structure

View All

Contact

Registered Address

3 newhouse business centre, old crawley road, horsham, west sussex, RH12 4RU

Website

liv2race ltd Estimated Valuation

£178.4k

Pomanda estimates the enterprise value of LIV2RACE LTD at £178.4k based on a Turnover of £192.6k and 0.93x industry multiple (adjusted for size and gross margin).

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Liv2race Ltd is a live company located in horsham, RH12 4RU with a Companies House number of 05986231. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in November 2006, it's largest shareholder is timothy james ball with a 100% stake. Liv2race Ltd is a established, micro sized company, Pomanda has estimated its turnover at £192.6k with declining growth in recent years.

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Pomanda's financial health check has awarded Liv2Race Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

2 Regular

8 Weak

Size

annual sales of £192.6k, make it smaller than the average company (£11.1m)

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.6%)

EXPORT

Liv2Race Ltd's latest turnover from September 2023 is estimated at £192.6 thousand and the company has net assets of -£152.6 thousand. According to their latest financial statements, Liv2Race Ltd has 2 employees and maintains cash reserves of £105 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	192,570	186,338	132,113	248,809	96,235	132,978	135,547	288,812	287,251	98,279	200,447	58,842	535,080	922,816	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	113,021	105,689	78,414	139,456	54,397	74,669	76,862	166,002	160,893	57,752	117,712	34,590	312,386	554,388	0
Gross Profit	79,550	80,649	53,699	109,353	41,838	58,309	58,685	122,811	126,359	40,527	82,735	24,252	222,694	368,428	0
Admin Expenses	92,420	71,780	111,826	128,409	119,511	57,210	38,825	140,118	126,850	15,965	62,792	19,673	201,645	366,463	2,169
Operating Profit	-12,870	8,869	-58,127	-19,056	-77,673	1,099	19,860	-17,307	-491	24,562	19,943	4,579	21,049	1,965	-2,169
Interest Payable	16,313	12,202	8,045	7,019	3,889	0	0	0	0	0	0	0	0	0	0
Interest Receivable	487	248	5	3	24	23	0	0	0	2	2	0	0	0	0
Pre-Tax Profit	-28,696	-3,085	-66,168	-26,072	-81,538	1,122	19,860	-17,307	-491	24,565	19,945	4,579	21,049	1,965	-2,169
Tax	0	0	0	0	0	-213	-3,773	0	0	-5,159	-4,587	-1,099	-5,473	-550	0
Profit After Tax	-28,696	-3,085	-66,168	-26,072	-81,538	909	16,087	-17,307	-491	19,406	15,358	3,480	15,576	1,415	-2,169
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-28,696	-3,085	-66,168	-26,072	-81,538	909	16,087	-17,307	-491	19,406	15,358	3,480	15,576	1,415	-2,169
Employee Costs	104,861	99,583	97,553	94,269	47,501	46,044	44,716	125,554	83,806	40,907	78,967	38,904	149,736	256,335	0
Number Of Employees	2	2	2	2	1	1	1	3	2	1	2	1	4	7	0
EBITDA*	-12,870	8,869	-58,127	-19,056	-75,034	3,784	27,777	-348	36,961	65,027	64,515	49,037	65,443	12,506	-2,169

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	2,639	5,324	13,241	30,200	54,452	94,917	139,489	180,122	223,845	125,202
Investments & Other	101	101	101	101	101	455	455	455	701	701	701	701	701	701	701
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	101	101	101	101	101	3,094	5,779	13,696	30,901	55,153	95,618	140,190	180,823	224,546	125,903
Stock & work in progress	0	0	23,733	55,375	87,018	118,661	125,000	125,000	125,000	0	0	0	0	0	0
Trade Debtors	12,505	5,332	319	0	0	0	0	0	0	18,900	0	942	0	0	0
Group Debtors	0	0	0	0	0	46,414	66,147	42,147	42,427	0	0	0	0	0	0
Misc Debtors	750	319	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	105	18,443	3,634	5,962	351	6,046	18	13	16	5	902	0	0	0	0
misc current assets	0	0	1,695	215	0	0	0	0	0	0	0	0	0	0	0
total current assets	13,360	24,094	29,381	61,552	87,369	171,121	191,165	167,160	167,443	18,905	902	942	0	0	0
total assets	13,461	24,195	29,482	61,653	87,470	174,215	196,944	180,856	198,344	74,058	96,520	141,132	180,823	224,546	125,903
Bank overdraft	1,600	3,967	3,967	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	9,783	0	0	0	1	1	1	0	0	4,903	46,771	38,978	124,050	181,629	85,381
Group/Directors Accounts	100	100	100	100	100	357	357	357	537	0	0	45,152	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	13,069	1,083	1,303	1,306	700	713	4,362	4,362	4,363	0	0	0	0	0	0
total current liabilities	24,552	5,150	5,370	1,406	801	1,071	4,720	4,719	4,900	4,903	46,771	84,130	124,050	181,629	85,381
loans	141,504	142,944	144,926	114,893	115,243	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	120,180	140,169	140,169	140,169	15,389	15,389	38,000	41,251	42,971	41,991
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	141,504	142,944	144,926	114,893	115,243	120,180	140,169	140,169	140,169	15,389	15,389	38,000	41,251	42,971	41,991
total liabilities	166,056	148,094	150,296	116,299	116,044	121,251	144,889	144,888	145,069	20,292	62,160	122,130	165,301	224,600	127,372
net assets	-152,595	-123,899	-120,814	-54,646	-28,574	52,964	52,055	35,968	53,275	53,766	34,360	19,002	15,522	-54	-1,469
total shareholders funds	-152,595	-123,899	-120,814	-54,646	-28,574	52,964	52,055	35,968	53,275	53,766	34,360	19,002	15,522	-54	-1,469

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	-12,870	8,869	-58,127	-19,056	-77,673	1,099	19,860	-17,307	-491	24,562	19,943	4,579	21,049	1,965	-2,169
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	2,639	2,685	7,917	16,959	37,452	40,465	44,572	44,458	44,394	10,541	0
Tax	0	0	0	0	0	-213	-3,773	0	0	-5,159	-4,587	-1,099	-5,473	-550	0
Stock	0	-23,733	-31,642	-31,643	-31,643	-6,339	0	0	125,000	0	0	0	0	0	0
Debtors	7,604	5,332	319	0	-46,414	-19,733	24,000	-280	23,527	18,900	-942	942	0	0	0
Creditors	9,783	0	0	-1	0	0	1	0	-4,903	-41,868	7,793	-85,072	-57,579	96,248	85,381
Accruals and Deferred Income	11,986	-220	-3	606	-13	-3,649	0	-1	4,363	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	1,295	27,050	-26,807	13,192	3,010	25,994	5	-69	-112,106	-900	68,663	-38,076	2,391	108,204	83,212
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	-13,200	0	0	-3,825	-671	-109,184	-125,202
Change in Investments	0	0	0	0	-354	0	0	-246	0	0	0	0	0	0	701
cash flow from investments	0	0	0	0	354	0	0	246	-13,200	0	0	-3,825	-671	-109,184	-125,903
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	-257	0	0	-180	537	0	-45,152	45,152	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-1,440	-1,982	30,033	-350	115,243	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	-120,180	-19,989	0	0	124,780	0	-22,611	-3,251	-1,720	980	41,991
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	700
interest	-15,826	-11,954	-8,040	-7,016	-3,865	23	0	0	0	2	2	0	0	0	0
cash flow from financing	-17,266	-13,936	21,993	-7,366	-9,059	-19,966	0	-180	125,317	2	-67,761	41,901	-1,720	980	42,691
cash and cash equivalents
cash	-18,338	14,809	-2,328	5,611	-5,695	6,028	5	-3	11	-897	902	0	0	0	0
overdraft	-2,367	0	3,967	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-15,971	14,809	-6,295	5,611	-5,695	6,028	5	-3	11	-897	902	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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LIV2RACE LTD group structure

Liv2Race Ltd has 3 subsidiary companies.

Ultimate parent company

LIV2RACE LTD

05986231

3 subsidiaries

PURETECH RACING MANAGEMENT LIMITED

07589167

BALLRACING DEVELOPMENTS LTD

02896515

INTERACTIVE RACING LTD

03006859

LIV2RACE LTD Shareholders

timothy james ball

100%

Liv2Race Ltd currently has 1 director, Mr Timothy Ball serving since Nov 2007.

officer	country	age	start	end	role
Mr Timothy Ball		53 years	Nov 2007	-	Director

P&L

September 2023

turnover

192.6k

+3%

operating profit

-12.9k

gross margin

41.4%

-4.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-152.6k

+0.23%

total assets

13.5k

-0.44%

cash

105

-0.99%

net assets

Total assets minus all liabilities

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company number

05986231

Type

Private limited with Share Capital

industry

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

incorporation date

November 2006

ultimate parent company

None

previous names

live2race limited (January 2023)

brd holdings limited (October 2019)

address

3 newhouse business centre, old crawley road, horsham, west sussex, RH12 4RU

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to liv2race ltd.

liv2race ltd Company Information

liv2race ltd Estimated Valuation

liv2race ltd Estimated Valuation

liv2race ltd Estimated Valuation

Liv2race Ltd Overview

Liv2race Ltd Health Check

LIV2RACE LTD financials

liv2race ltd Credit Report and Business Information

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liv2race ltd Ownership

liv2race ltd directors

liv2race ltd company details

liv2race ltd Charges & Mortgages

liv2race ltd Companies House Filings - See Documents