RACEDAY LTD

Company number 08210131 ·

Active

Executive summary

RACEDAY LTD presents a concerning financial trajectory despite its successful turnaround from deeply negative equity in FY2019. The company's kitchen furniture manufacturing operations are exhibiting classic signs of sectoral stress—rising stock, falling debtors, headcount reductions, and accelerating cash depletion—while its working capital position has deteriorated to a net current liability of £60,132. The property investment portfolio provides underlying asset support, but the 78% decline in cash reserves over 12 months and current ratio of 0.72 suggest the business faces imminent liquidity constraints requiring management action. Without stabilisation of cash flows or asset realisation, the company's competitive viability in a challenging market environment is questionable.

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Shareholders' funds

£154,432

Balance sheet as at 2025-03-31

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Overview

Company type
Private Limited Company
Incorporated
2012-09-11
Employees
7 (2025 accounts · was 11 in 2024)
Registered office
Unit 32 Edison Road, St Ives, Cambridgeshire, England, PE27 3LQ
Postcode
PE27 3LQ
Capital
4 GBP
Accounts category
Total Exemption Full
Charges
0 outstanding

Accounts

Last made up to
2025-03-31
Next due by
2026-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2025-12-05
Next due by
2026-12-19
View filing history →

Nature of business (SIC)

  • 31020 Manufacture of kitchen furniture
  • 68209 Other letting and operating of own or leased real estate

Officers 2 current

Neil THACKRAY Director
Appointed 2012-09-11
Appointed 2012-09-11

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Previous registered addresses 1

AddressChanged on
38A EAST STREET, ST IVES, CAMBRIDGESHIRE, PE27 5PD2017-02-13

Among its peers

Top 25%

by shareholders' funds, of 25 similar companies in PE

Among the oldest 25% of its local peers, trading since 2012.

No.4 of the largest manufacture of kitchen furniture companies in Peterborough →

Competitors Peterborough

This company ranks 4 among manufacture of kitchen furniture in Peterborough.

Full league table →

The class of 2012

21%

of the 492,229 companies incorporated in 2012 are still active today; 76% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 1 title

Leasehold
1
Most recent registration
2022-07-26
Price paid, where recorded
£125,000
Where
Cambridgeshire
Title numberCounty Tenure RegisteredPrice paid
CB120670 Cambridgeshire Leasehold 2022-07-26 £125,000

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.