PACE RACING DEVELOPMENTS LIMITED

Company number 01841444 · Active · Diss IP22 4WR

C
Firmoscan score 60/100

PACE RACING DEVELOPMENTS LIMITED is an active private limited company (company number 01841444) incorporated on 16 August 1984, registered in Diss. Its registered activity is other manufacturing n.e.c. (SIC 32990). Latest small accounts cover the period ending 31 March 2026, showing net assets of −£1,805 and cash of £113k, with 5 employees on average. Net assets rose 97% on the prior period (−£55k). Across the last 3 periods on record the net-asset trend is volatile.

By net assets it sits in the bottom quarter of 2,638 comparable companies in Other (median £8,019, upper quartile £163k).

Key dates

Incorporated
16 August 1984
Next accounts due
31 December 2027 — in 437 days
Confirmation statement due
30 August 2027 — in 314 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 32990
Other manufacturing n.e.c.
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 March 2026

Net assets
Net assetsMar 2024: −£9,520; Mar 2025: −£55k; Mar 2026: −£1,805−£9,520−£55k−£1,805Mar 2024Mar 2025Mar 2026
Cash at bank
Cash at bankMar 2024: £143k; Mar 2025: £99k; Mar 2026: £113k£143k£99k£113kMar 2024Mar 2025Mar 2026
Average employees
Average employeesMar 2024: 6; Mar 2025: 5; Mar 2026: 5655Mar 2024Mar 2025Mar 2026
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 March 2026−£1,805£113k————5
31 March 2025−£55k£99k————5
31 March 2024−£9,520£143k————6
Cash per employee
£23k

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 60/100 (grade C)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr Michael Elvin Watson — owns 50–75% of shares; holds 50–75% of voting rights · since 6 April 2016
  • Mrs Tekla Watson — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in the UK

Same activity (other manufacturing n.e.c.), closest in incorporation date.

Reminders for PACE RACING DEVELOPMENTS LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.