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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£4.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong 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 declaredPositive net assets
Net assets £4,237
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↑ 60% YoY
Current Assets
£5k
↑ 55% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| 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
2
filings
- • 2 incorporation
Last 180 days
2
filings
- • 2 incorporation
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2026-03-07📄memorandum-articlesincorporation · MA
- 2026-03-07📄memorandum-articlesincorporation · MA
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-06-24🏢Company incorporatedAs 243 ROAD RACING ASSOCIATION
- 2023-06-24➕HAYES, Andrew Michael appointeddirector
- 2023-06-24➕HAYES, Wendy appointeddirector
- 2023-06-24📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
46/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Leisure & entertainment · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 13 CLIFF STREET LIMITED→ 16671109 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24 LIVE YORKSHIRE LIMITED→ 09380636 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 3-MINUTE ARTS CIC→ 15302163 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4TH OF FEBRUARY LTD→ 15769758 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.& G.(AMUSEMENTS)LIMITED→ 00349369 · est 1939 · no financials extracted | — | — | — | — | 87y | — | — |
| ABC-TENNIS-UK LIMITED→ 12074063 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACASTER GYMNASTICS LTD→ 14371795 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCESSIBLE ARTS & MEDIA→ 03500128 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| ACTIVENTS LTD→ 16339312 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTIVITY PARKS LIMITED→ 07960544 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ADARA TATTOO COLLECTIVE LTD→ 10450399 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADJ MANAGEMENT LTD→ 17039202 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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.
Available from the Pro tier upwards.
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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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See pricing →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→
Activedirector · ~55y · appointed 2023-06-24
View their other companies + combined net worth →
HAYES, Wendy→
Activedirector · ~58y · appointed 2023-06-24
View their other companies + combined net worth →
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