QATAR RACING LIMITED
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Cash
£1.7M
+38.8% highest in 3 filed years
Net assets
-£99M
-6.6% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
-£6.2M
+15.7% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £15,105,271 | £11,200,895 | £12,703,001 | +13.4% | |
| Operating profit | -£6,990,915 | -£7,326,416 | -£6,174,502 | +15.7% | |
| Profit before tax | -£6,990,915 | -£7,326,296 | -£6,174,502 | +15.7% | |
| Net profit | -£6,990,915 | -£7,326,296 | -£6,174,502 | +15.7% | |
| Cash | £1,540,141 | £1,214,278 | £1,685,798 | +38.8% | |
| Total assets less current liabilities | -£85,845,249 | -£93,079,027 | -£99,253,077 | -6.6% | |
| Net assets | -£85,845,249 | -£93,079,027 | -£99,253,077 | -6.6% | |
| Equity | -£85,845,249 | — | — | — | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -46.3% | -65.4% | -48.6% | |
| Net margin | -46.3% | -65.4% | -48.6% | |
| Gearing (liabilities / total assets) | — | 528.8% | 682.9% | |
| Current ratio | 0.22x | 0.19x | 0.15x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Lovewell Blake LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements for the Company have been prepared on a going concern basis reflecting a judgement that the Company has sufficient assets and cash flow resource available to fund planned expenditure, along with confirmation from the parent company that it will not recall significant debts owed, for the 12 months following the date of the signing of the accounts and in any event will only call for repayment of balances when available resources exist.”
Group structure
- QATAR RACING LIMITED · parent
- Qatar Racing LLC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AL THANI, Fahad Abdulla, Sheikh | Director | 2012-05-31 | Jun 1989 | Qatari |
| ALTAJI, Kareem Adeeb Abdallah | Director | 2012-09-01 | Jul 1966 | Qatari |
| REDVERS, David John Luke | Director | 2012-03-23 | Jun 1970 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEVITT, Robert Michael | Director | 2012-03-23 | 2018-11-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qipco Holdings | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type group | |
| 2026-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | AA | accounts | Accounts with accounts type group | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type group | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-28 | AA | accounts | Accounts with accounts type full | |
| 2022-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-15 | AA | accounts | Accounts with accounts type full | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-29 | AA | accounts | Accounts with accounts type full | |
| 2020-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-27 | AA | accounts | Accounts with accounts type full | |
| 2019-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-30 | TM01 | officers | Termination director company with name termination date | |
| 2018-07-21 | AA | accounts | Accounts with accounts type full | |
| 2018-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-06-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.