racer limited

racer limited Company Information

Share RACER LIMITED
Live 
EstablishedMicroLow

Company Number

08667998

Industry

Dormant Company

 

Shareholders

julius dixson thurgood

Group Structure

View All

Contact

Registered Address

12-14 high street, caterham, surrey, CR3 5UA

racer limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RACER LIMITED at £0 based on a Turnover of £11 and 0x industry multiple (adjusted for size and gross margin).

racer limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RACER LIMITED at £0 based on an EBITDA of £0 and a 1.84x industry multiple (adjusted for size and gross margin).

racer limited Estimated Valuation

£1

Pomanda estimates the enterprise value of RACER LIMITED at £1 based on Net Assets of £2 and 0.79x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Racer Limited Overview

Racer Limited is a live company located in surrey, CR3 5UA with a Companies House number of 08667998. It operates in the dormant company sector, SIC Code 99999. Founded in August 2013, it's largest shareholder is julius dixson thurgood with a 100% stake. Racer Limited is a established, micro sized company, Pomanda has estimated its turnover at £11.3 with low growth in recent years.

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Racer Limited Health Check

Pomanda's financial health check has awarded Racer Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £11.3, make it smaller than the average company (£6.8m)

£11.3 - Racer Limited

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.1%)

2% - Racer Limited

5.1% - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (32.8%)

17.3% - Racer Limited

32.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Racer Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (58)

1 - Racer Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £39k, the company has an equivalent pay structure (£39k)

£39k - Racer Limited

£39k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.3, this is less efficient (£165.7k)

£11.3 - Racer Limited

£165.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (40 days)

64 days - Racer Limited

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Racer Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Racer Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Racer Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Racer Limited

- - Industry AVG

RACER LIMITED financials

EXPORTms excel logo

Racer Limited's latest turnover from August 2023 is estimated at £11 and the company has net assets of £2. According to their latest financial statements, we estimate that Racer Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Turnover11101011000000
Other Income Or Grants0000000000
Cost Of Sales9989000000
Gross Profit2222000000
Admin Expenses2222000000
Operating Profit0000000000
Interest Payable0000000000
Interest Receivable0000000000
Pre-Tax Profit0000000000
Tax0000000000
Profit After Tax0000000000
Dividends Paid0000000000
Retained Profit0000000000
Employee Costs39,01236,09534,80933,743000000
Number Of Employees1111100000
EBITDA*0000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Tangible Assets0000000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets0000000000
Stock & work in progress0000000000
Trade Debtors2222200000
Group Debtors0000000000
Misc Debtors0000000000
Cash0000000000
misc current assets0000000000
total current assets2222200000
total assets2222200000
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 0000000000
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities0000000000
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities0000000000
net assets2222200000
total shareholders funds2222200000
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Operating Activities
Operating Profit0000000000
Depreciation0000000000
Amortisation0000000000
Tax0000000000
Stock0000000000
Debtors0000200000
Creditors0000000000
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations0000-200000
Investing Activities
capital expenditure0000000000
Change in Investments0000000000
cash flow from investments0000000000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0000200000
interest0000000000
cash flow from financing0000200000
cash and cash equivalents
cash0000000000
overdraft0000000000
change in cash0000000000

racer limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Racer Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for racer limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in CR3 area or any other competitors across 12 key performance metrics.

racer limited Ownership

RACER LIMITED group structure

Racer Limited has no subsidiary companies.

Ultimate parent company

RACER LIMITED

08667998

RACER LIMITED Shareholders

julius dixson thurgood 100%

racer limited directors

Racer Limited currently has 1 director, Mr Julius Thurgood serving since Aug 2013.

officercountryagestartendrole
Mr Julius Thurgood72 years Aug 2013- Director

P&L

August 2023

turnover

11.3

+8%

operating profit

0

0%

gross margin

17.4%

-3.26%

turnover

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

Balance Sheet

August 2023

net assets

2

0%

total assets

2

0%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

racer limited company details

company number

08667998

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

August 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

12-14 high street, caterham, surrey, CR3 5UA

Bank

-

Legal Advisor

-

racer 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 racer limited.

racer limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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racer limited Companies House Filings - See Documents

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