{"name":"RACEDAY LTD","company_number":"08210131","status":"Active","type":"Private Limited Company","incorporated":"2012-09-11","dissolved":null,"registered_office":"Unit 32 Edison Road, St Ives, Cambridgeshire, England, PE27 3LQ","postcode":"PE27 3LQ","sic_codes":[{"code":31020,"description":"Manufacture of kitchen furniture"},{"code":68209,"description":"Other letting and operating of own or leased real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":7,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":154432,"cash":14430,"average_employees":7},{"financial_date":"2024-03-31","net_assets":165817,"cash":65152,"average_employees":11},{"financial_date":"2023-03-31","net_assets":129132,"cash":70441},{"financial_date":"2022-03-31","net_assets":170623,"cash":179952},{"financial_date":"2021-03-31","net_assets":49201,"cash":122622}],"officers":{"current":2,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/raceday","people":"https://www.companiesintheuk.co.uk/company/raceday/people","filing_history":"https://www.companiesintheuk.co.uk/company/raceday/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08210131","financials":"https://www.companiesintheuk.co.uk/company/raceday/financial","control":"https://www.companiesintheuk.co.uk/company/raceday/control","charges":"https://www.companiesintheuk.co.uk/company/raceday/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/raceday/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/raceday"}