motor racing live limited
motor racing live limited Company Information
Company Number
06440594
Website
www.motorracinglive.co.ukRegistered Address
7 college hill, shrewsbury, shropshire, SY1 1LZ
Industry
Activities of sport clubs
Telephone
01543428903
Next Accounts Due
150 days late
Group Structure
View All
Shareholders
mark bond 50%
philip martin bond 25%
View Allmotor racing live limited Estimated Valuation
Pomanda estimates the enterprise value of MOTOR RACING LIVE LIMITED at £198.6k based on a Turnover of £255.7k and 0.78x industry multiple (adjusted for size and gross margin).
motor racing live limited Estimated Valuation
Pomanda estimates the enterprise value of MOTOR RACING LIVE LIMITED at £0 based on an EBITDA of £-15.4k and a 2.26x industry multiple (adjusted for size and gross margin).
motor racing live limited Estimated Valuation
Pomanda estimates the enterprise value of MOTOR RACING LIVE LIMITED at £0 based on Net Assets of £-26.2k and 1.76x industry multiple (adjusted for liquidity).
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Motor Racing Live Limited Overview
Motor Racing Live Limited is a live company located in shropshire, SY1 1LZ with a Companies House number of 06440594. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in November 2007, it's largest shareholder is mark bond with a 50% stake. Motor Racing Live Limited is a established, micro sized company, Pomanda has estimated its turnover at £255.7k with declining growth in recent years.
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Motor Racing Live Limited Health Check
Pomanda's financial health check has awarded Motor Racing Live Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £255.7k, make it smaller than the average company (£323k)
- Motor Racing Live Limited
£323k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.5%)
- Motor Racing Live Limited
2.5% - Industry AVG
Production
with a gross margin of 52.6%, this company has a comparable cost of product (52.6%)
- Motor Racing Live Limited
52.6% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (1.5%)
- Motor Racing Live Limited
1.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (18)
7 - Motor Racing Live Limited
18 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has an equivalent pay structure (£19.4k)
- Motor Racing Live Limited
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is equally as efficient (£40.8k)
- Motor Racing Live Limited
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (13 days)
- Motor Racing Live Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (38 days)
- Motor Racing Live Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Motor Racing Live Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (85 weeks)
1 weeks - Motor Racing Live Limited
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 270.8%, this is a higher level of debt than the average (38.8%)
270.8% - Motor Racing Live Limited
38.8% - Industry AVG
MOTOR RACING LIVE LIMITED financials
Motor Racing Live Limited's latest turnover from August 2022 is estimated at £255.7 thousand and the company has net assets of -£26.2 thousand. According to their latest financial statements, Motor Racing Live Limited has 7 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 7 | 4 | 8 | 8 | 8 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91 | 715 | 917 | 712 | 1,012 | 1,470 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 3,616 | 4,376 | 4,096 | 4,096 | 5,793 | 7,279 | 5,159 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 3,616 | 4,376 | 4,096 | 4,096 | 5,793 | 7,279 | 5,250 | 715 | 917 | 712 | 1,012 | 1,470 |
| Stock & work in progress | 0 | 27,500 | 32,393 | 32,063 | 30,981 | 24,011 | 20,271 | 16,511 | 15,471 | 14,080 | 11,845 | 10,980 | 9,900 |
| Trade Debtors | 13,099 | 7,373 | 8,488 | 17,525 | 18,330 | 18,906 | 8,326 | 28,847 | 27,907 | 25,429 | 30,175 | 36,386 | 40,200 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 718 | 2,679 | 800 | 800 | 800 | 800 | 3,325 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,510 | 12,094 | 279 | 1,460 | 57 | 1,948 | 418 | 811 | 380 | 4,778 | 7,023 | 23,368 | 1,706 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,327 | 49,646 | 41,960 | 51,848 | 50,168 | 45,665 | 32,340 | 46,169 | 43,758 | 44,287 | 49,043 | 70,734 | 51,806 |
| total assets | 15,327 | 53,262 | 46,336 | 55,944 | 54,264 | 51,458 | 39,619 | 51,419 | 44,473 | 45,204 | 49,755 | 71,746 | 53,276 |
| Bank overdraft | 0 | 4,848 | 22,169 | 19,436 | 18,416 | 22,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 19,670 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 410 | 1,203 | 224 | 1,357 | 3,977 | 19 | 6,214 | 61,587 | 59,763 | 41,553 | 41,754 | 30,971 | 29,074 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,264 | 12,284 | 12,284 | 12,284 |
| other short term finances | 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 |
| other current liabilities | 41,100 | 34,671 | 32,126 | 42,112 | 38,867 | 41,473 | 32,385 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 41,510 | 40,722 | 54,519 | 62,905 | 61,260 | 64,160 | 58,269 | 61,587 | 59,763 | 53,817 | 54,038 | 43,255 | 41,358 |
| loans | 0 | 22,379 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213 | 309 |
| total long term liabilities | 0 | 22,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213 | 309 |
| total liabilities | 41,510 | 63,101 | 54,519 | 62,905 | 61,260 | 64,160 | 58,269 | 61,587 | 59,763 | 53,817 | 54,038 | 43,468 | 41,667 |
| net assets | -26,183 | -9,839 | -8,183 | -6,961 | -6,996 | -12,702 | -18,650 | -10,168 | -15,290 | -8,613 | -4,283 | 28,278 | 11,609 |
| total shareholders funds | -26,183 | -9,839 | -8,183 | -6,961 | -6,996 | -12,702 | -18,650 | -10,168 | -15,290 | -8,613 | -4,283 | 28,278 | 11,609 |
| Aug 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 91 | 111 | 202 | 0 | 458 | 459 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | -27,500 | -4,893 | 330 | 1,082 | 6,970 | 3,740 | 3,760 | 1,040 | 1,391 | 2,235 | 865 | 1,080 | 9,900 |
| Debtors | 149 | 4 | -8,757 | -805 | -2,273 | 6,569 | -15,076 | 6,099 | 2,478 | -4,746 | -6,211 | -3,814 | 40,200 |
| Creditors | -793 | 979 | -1,133 | -2,620 | 3,958 | -6,195 | -55,373 | 1,824 | 18,210 | -201 | 10,783 | 1,897 | 29,074 |
| Accruals and Deferred Income | 6,429 | 2,545 | -9,986 | 3,245 | -2,606 | 9,088 | 32,385 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -213 | -96 | 309 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -19,670 | 19,670 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,264 | -20 | 0 | 0 | 12,284 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -22,379 | 22,379 | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -10,584 | 11,815 | -1,181 | 1,403 | -1,891 | 1,530 | -393 | 431 | -4,398 | -2,245 | -16,345 | 21,662 | 1,706 |
| overdraft | -4,848 | -17,321 | 2,733 | 1,020 | -4,252 | 22,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,736 | 29,136 | -3,914 | 383 | 2,361 | -21,138 | -393 | 431 | -4,398 | -2,245 | -16,345 | 21,662 | 1,706 |
motor racing live limited Credit Report and Business Information
Motor Racing Live Limited Competitor Analysis
Perform a competitor analysis for motor racing live limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SY1 area or any other competitors across 12 key performance metrics.
motor racing live limited Ownership
MOTOR RACING LIVE LIMITED group structure
Motor Racing Live Limited has no subsidiary companies.
Ultimate parent company
MOTOR RACING LIVE LIMITED
06440594
motor racing live limited directors
Motor Racing Live Limited currently has 3 directors. The longest serving directors include Mr Mark Bond (Nov 2007) and Ms Elizabeth Bond (Nov 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Bond | Wales | 58 years | Nov 2007 | - | Director |
| Ms Elizabeth Bond | 83 years | Nov 2007 | - | Director | |
| Mr Philip Bond | 81 years | Nov 2007 | - | Director |
P&L
August 2022turnover
255.7k
+40%
operating profit
-15.4k
0%
gross margin
52.6%
-1.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
-26.2k
+1.66%
total assets
15.3k
-0.71%
cash
1.5k
-0.88%
net assets
Total assets minus all liabilities
motor racing live limited company details
company number
06440594
Type
Private limited with Share Capital
industry
93120 - Activities of sport clubs
incorporation date
November 2007
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2022
previous names
N/A
accountant
HAINES WATTS WOLVERHAMPTON LIMITED
auditor
-
address
7 college hill, shrewsbury, shropshire, SY1 1LZ
Bank
-
Legal Advisor
-
motor racing live limited Charges & Mortgages
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 motor racing live limited.
motor racing live limited Companies House Filings - See Documents
| date | description | view/download |
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