243 ROAD RACING ASSOCIATION

🌿Early-stageactive
14958972 · private-limited-guarant-nsc-limited-exemption · incorporated 2023-06-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£4.2k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,237

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↑ 60% YoY
Current Assets
£5k
↑ 55% YoY
Current Liabilities
£0£902£2k£3k£4k£5kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£4.5k£2.9k
Current assets£4.5k£2.9k
Net assets£4.2k£2.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 incorporation
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-03-07
    📄
    memorandum-articles
    incorporation · MA
  2. 2026-03-07
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2023-06-24
    🏢
    Company incorporated
    As 243 ROAD RACING ASSOCIATION
  7. 2023-06-24
    HAYES, Andrew Michael appointed
    director
  8. 2023-06-24
    HAYES, Wendy appointed
    director
  9. 2023-06-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2023-06-24
Jurisdictionengland-wales
Primary SIC93110 — Operation of sports facilities

Registered office

The Circuit Office
Olivers Mount
Scarborough
North Yorkshire
YO11 2YW
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23

Officers (2 active · 0 resigned)

HAYES, Andrew Michael
director · ~55y · appointed 2023-06-24
View their other companies + combined net worth →
Active
HAYES, Wendy
director · ~58y · appointed 2023-06-24
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (8 total)

memorandum-articles
incorporation · MA
2026-03-07
memorandum-articles
incorporation · MA
2026-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
incorporation-company
incorporation · NEWINC
2023-06-24