# M77 RACE ENGINEERING LIMITED (08776361)

> M77 RACE ENGINEERING LIMITED is an active private limited company (company number 08776361) incorporated on 15 November 2013, registered in Banbury. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £17k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 209% on the prior period (£5,365). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2013-11-15
- Registered office: Banbury, OX16 9SA
- SIC 71121: Engineering design activities for industrial process and production
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-11-29
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 72 comparable companies in Oxford (median £4,234, upper quartile £102k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £17k | — | — | £30k | — | — | 2 |
| 2024-12-31 | £5,365 | — | — | £22k | — | — | 2 |
| 2023-12-31 | £25k | — | — | £17k | — | — | 2 |

current ratio 1.55; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £16,582 at 31 December 2025
- Net assets up 10% or more on the prior period: +209.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.55
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 15 November 2013

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr John Mcgill — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mrs Shantha Mcgill — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08776361
HTML: https://firmoscan.com/company/08776361-m77-race-engineering-limited