# MODE RACING LIMITED (09647957)

> MODE RACING LIMITED is an active private limited company (company number 09647957) incorporated on 19 June 2015, registered in Towcester. Its registered activity is wholesale trade of motor vehicle parts and accessories (SIC 45310). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£170k and cash of £3, with 1 employee on average. Net assets fell 14% on the prior period (−£149k).

- Status: Active
- Incorporated: 2015-06-19
- Registered office: Towcester, NN12 6BS
- SIC 45310: Wholesale trade of motor vehicle parts and accessories
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,881 comparable companies in the UK (median £10k, upper quartile £153k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£170k | £3 | £9,851 | £189k | — | — | 1 |
| 2023-12-31 | −£149k | £1 | £9,856 | £169k | — | — | 1 |

current ratio 0.1; size band micro.

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

- Net assets below zero: Net assets £-169,940 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.1
- Incorporated five or more years ago: Incorporated 19 June 2015
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mode Holdings Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06
- Mr Ian Steven Edwards — has significant influence or control, since 2016-04-07

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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/09647957
HTML: https://firmoscan.com/company/09647957-mode-racing-limited