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Cash

£13m

+10.4% highest in 3 filed years

Net assets

£41m

+2.8% highest in 3 filed years

Employees

165

+0.6% highest in 3 filed years

Profit before tax

£1.9m

+234.3% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £37,645,846£38,379,263£41,962,502 +9.3%
Operating profit £1,463,165-£38,094£1,085,862 +2,950.5%
Profit before tax £2,141,466£560,567£1,874,009 +234.3%
Net profit £1,391,751£124,880£1,104,625 +784.5%
Cash £11,418,191£11,678,474£12,896,513 +10.4%
Total assets less current liabilities £42,433,617£40,680,025£41,056,614 +0.9%
Net assets £39,967,084£39,692,964£40,797,589 +2.8%
Equity £39,967,084£39,692,964£40,797,589 +2.8%
Average employees 162164165 +0.6%
Wages £9,872,187£10,453,585£11,355,155 +8.6%
Directors' remuneration £797,020£674,474£838,960 +24.4%
Directors' pension contributions £60,840£62,665£61,031 -2.6%
Highest paid director £353,600£267,800£369,034 +37.8%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 3.9%-0.1%2.6%
Net margin 3.7%0.3%2.6%
Return on capital employed 3.4%-0.1%2.6%
Gearing (liabilities / total assets) 22.4%21.4%19.3%
Current ratio 1.93x1.75x1.90x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. CHESTER RACE COMPANY LIMITED 2011-05-11 → present
  2. CHESTER RACE COMPANY,LIMITED(THE) 1892-11-21 → 2011-05-11

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making enquiries and reviewing forecast information, including the most severe but plausible downside scenario, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least 12 months from the date of signing these financial statements.”

Group structure

  1. CHESTER RACE COMPANY LIMITED · parent
    1. Bangor-on-Dee Races Limited 100% · England and Wales · Dormant
    2. Musselburgh Racecourse Limited 100% · England and Wales · Trading

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 44 resigned

Name Role Appointed Born Nationality
GARAVELLO, Marco John Secretary 2014-05-31 — —
GARAVELLO, Marco John Director 2014-10-20 Jan 1977 British
HARRINGTON, Julie Anne Director 2025-04-01 Apr 1969 British
HART, Kevin Director 2024-04-01 Aug 1968 British
MIDDLEBROOK, Gary Director 2026-03-01 Dec 1954 British
O'DOHERTY, John Sullivan Director 2017-10-01 Jun 1962 Irish
STEWART, Louise Adele Director 2022-03-01 Nov 1972 British
WARREN, Joelle Susan Director 2019-04-01 Nov 1962 British
Show 44 resigned officers
Name Role Appointed Resigned
GRAY, Jonathan Edward Secretary 2003-12-04 2014-05-31
IMPEY, Kidsons Secretary — 1998-12-31
PICKERING, David Owen Secretary 2001-01-01 2003-12-04
STANLEY, Frances Secretary 1998-12-31 2000-12-31
ASTON, Richard Kenneth Director 2011-10-24 2020-07-17
BACON, Kevin John Director 2015-10-19 2019-04-24
BARNETT, Charles Henry Director 2015-09-09 2025-04-30
BEAUMONT, Martin Dudley Director 2007-12-01 2019-04-24
CHURTON, David Nigel Vardon Director 2003-11-10 2011-04-18
CHURTON, Geoffrey Vardon, Colonel Director — 1999-06-30
CROWE, Brian Director 2003-05-29 2006-05-17
DIXON, Samantha Kate, Cllr Director 2015-02-02 2015-04-13
DUFFUS, Steven Director 1999-06-01 2002-05-20
EVANS, Jean Elizabeth, Cllr Director 2006-11-29 2009-04-30
EVANS, Jean Elizabeth, Cllr Director 2001-05-22 2002-05-20
FAIR, William Gordon Gerrard Director 1994-09-29 1996-05-15
GREENWOOD, Howard David Director 2015-08-03 2016-07-19
HALE, Richard Schofield Director 1994-09-29 1995-05-17
HANCOCK, Lisa Jeanette Director 2020-11-09 2025-12-31
HANMER, John Wyndham Edward, Sir Director — 2004-04-30
HAYNES, James Douglas Director — 1994-09-29
HUGHES, David Anthony Director 2005-04-19 2009-04-30
JONES, Michael Keith Director 1999-06-01 2003-05-29
JONES, Reginald Francis Director 2015-08-03 2016-07-19
LEVERHULME, The Right Honourable The Viscount Director — 1994-06-30
LOWTHER, Charles Douglas, Sir Director 1994-06-03 2016-04-27
MCALPINE, Robert James Director — 2008-04-28
MCKIE, Alan Leonard Director 2015-02-02 2015-08-03
MILLER, George Robert, Councillor Director 2009-04-24 2011-05-05
NELSON, Marie, Councillor Director 1995-05-17 1999-05-31
PARKER, Stuart Director 2015-02-02 2015-08-03
PICKERING, David Owen Director 1999-06-25 2009-04-30
PRICE, John Barry Director — 1994-09-29
PROCTOR, Graham Syddall Director 2002-05-20 2005-04-19
PROCTOR, Graham Syddall Director 1997-05-15 2001-05-22
PROCTOR, Susan, Cllr Director 1996-05-15 1997-05-15
RALPH, Terry, Cllr Director 2005-04-19 2006-11-29
RAMSDEN, Jack Rammie Director 2008-03-30 2012-09-30
RUDD, Robert George Director 2002-05-20 2005-04-19
SHORT, Richard Terence, Councillor Director 2006-05-17 2010-04-29
STERN, David Maurice Director — 2009-10-01
TALBOT, Dennis Director 2005-12-07 2018-04-25
THOMAS, Richard Gwyn Director 2003-03-06 2021-05-05
TURNER, Jonathon Sloan Embree Director 2014-07-07 2024-04-24

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 218 total filings

Date Type Category Description
2026-09-23 AA accounts Accounts with accounts type group
2026-08-18 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-15 MR04 mortgage Mortgage satisfy charge full PDF
2026-05-05 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-02 AP01 officers Appoint person director company with name date PDF
2025-12-31 TM01 officers Termination director company with name termination date PDF
2025-08-08 AA accounts Accounts with accounts type group
2025-05-01 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-01 TM01 officers Termination director company with name termination date PDF
2025-04-30 CH01 officers Change person director company with change date PDF
2025-04-29 AP01 officers Appoint person director company with name date PDF
2024-09-28 AA accounts Accounts with accounts type group
2024-05-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-25 TM01 officers Termination director company with name termination date PDF
2024-04-09 AP01 officers Appoint person director company with name date PDF
2023-08-18 AA accounts Accounts with accounts type group
2023-05-05 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-12 AA accounts Accounts with accounts type group
2022-06-09 CS01 confirmation-statement Confirmation statement with updates PDF
2022-03-01 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page