Racing Line Events Limited in Milton Keynes, MK14 5FJ

Description

Data updated on: 01-11-2023

Racing Line Events came into being in 2000 as a company enlisted under no 04087764, located at MK14 5FJ Milton Keynes at Quatro Park Tanners Drive. This firm has been in business for twenty four years and its last known status is active. This firm has a history in business name change. In the past, the company had four other names. Until 2011 the company was run under the name of Ingear Solutions and before that its registered company name was Racing Line Events. The firm's classified under the NACE and SIC code 70229 and has the NACE code: Management consultancy activities other than financial management. 2022/12/31 is the last time the accounts were filed.

Because of this particular firm's constant development, it became imperative to find extra directors: Samuel R. and Peter G. who have been supporting each other since 2022 to fulfil their statutory duties for this business.

Previous company's names
Racing Line Events Limited 2011-09-28
Ingear Solutions Limited 2011-09-22
Racing Line Events Limited 2003-04-01
Race Action Management Limited 2002-08-01
Vw Cup Limited 2000-10-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2021-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	83 565	88 107	93 046	98 110	111 740

Balance Sheet
Cash Bank On Hand					82 359	29 300	61 075	53 690	134 859
Current Assets	374 417	151 141	189 034	323 661	272 840	220 730	186 637	243 120	625 257
Debtors	302 311	125 040	161 109	139 789	190 481	191 430	125 562	189 430	490 398	238 415
Other Debtors					140 027	116 824	50 610	87 223	280 145
Property Plant Equipment					1 234	196		5 468	4 762
Cash Bank In Hand	67 073	26 101	27 925	183 872	82 359
Net Assets Liabilities Including Pension Asset Liability			93 046	98 110	111 740
Stocks Inventory	5 033
Tangible Fixed Assets	1 034	31		1 664	1 234

Capital & Reserves
Called Up Share Capital	10 000	10 000	10 000	10 000	10 000
Profit Loss Account Reserve	73 565	78 107	83 046	88 110	101 740
Shareholder Funds	83 565	88 107	93 046	98 110	111 740

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					4 871	5 909	6 105	6 470	8 298
Average Number Employees During Period								6	6
Corporation Tax Payable					3 597	476		2 986
Corporation Tax Recoverable							476	476
Creditors					32 781	108 591	96 120	125 760	354 755
Increase From Depreciation Charge For Year Property Plant Equipment						1 038	196	365	1 828
Net Current Assets Liabilities	82 531	88 076	93 046	244 618	240 059	112 139	90 517	117 360	270 502
Other Creditors					129 553	28 027	46 209	27 638	93 024
Other Taxation Social Security Payable					15 804	17 782	28 348	26 385	42 868
Property Plant Equipment Gross Cost					6 105	6 105	6 105	11 938	13 060
Total Additions Including From Business Combinations Property Plant Equipment								5 833	1 122
Total Assets Less Current Liabilities	83 565	88 107	93 046	246 282	241 293	112 335	90 517	122 828	275 264	238 415
Trade Creditors Trade Payables					4 113	62 306	21 563	71 737	218 863
Trade Debtors Trade Receivables					50 454	74 606	74 476	101 731	210 253
Accruals Deferred Income				148 172	129 553
Creditors Due Within One Year	291 886	63 065	95 988	79 043	32 781
Number Shares Allotted		10 000	10 000	10 000	10 000
Par Value Share		1	1	1	1
Share Capital Allotted Called Up Paid	10 000	10 000	10 000	10 000	10 000
Tangible Fixed Assets Additions				2 483	582
Tangible Fixed Assets Cost Or Valuation	3 040	3 040	3 040	5 523	6 105
Tangible Fixed Assets Depreciation	2 006	3 009	3 040	3 859	4 871
Tangible Fixed Assets Depreciation Charged In Period		1 003	31	819	1 012
Amounts Owed By Group Undertakings										238 415
Number Shares Issued Fully Paid