CHESTER RACE COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
None on the register
Cash
£12M
+2.3% vs 2023
Net assets
£40M
-0.7% vs 2023
Employees
164
+1.2% vs 2023
Profit before tax
£561K
-73.8% vs 2023
Name history
Renamed 1 time since incorporation
- CHESTER RACE COMPANY LIMITED 2011-05-11 → present
- CHESTER RACE COMPANY,LIMITED(THE) 1892-11-21 → 2011-05-11
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £37,645,846 | £38,379,263 | |
| Operating profit | £1,463,165 | £339,566 | |
| Profit before tax | £2,141,466 | £560,567 | |
| Net profit | £1,391,751 | £124,880 | |
| Cash | £11,418,191 | £11,678,474 | |
| Total assets less current liabilities | £42,433,617 | £40,680,025 | |
| Net assets | £39,967,084 | £39,692,964 | |
| Equity | £39,967,084 | £39,692,964 | |
| Average employees | 162 | 164 | |
| Wages | £9,872,187 | £10,453,585 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.9% | 0.9% | |
| Net margin | 3.7% | 0.3% | |
| Return on capital employed | 3.4% | 0.8% | |
| Gearing (liabilities / total assets) | 22.4% | 21.4% | |
| Current ratio | 1.93x | 1.75x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the Company and Group has sufficient financial resources and is well placed to manage its business risks. 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
- CHESTER RACE COMPANY LIMITED · parent
- Bangor-on-Dee Races Limited 100%
- Musselburgh Racecourse Limited 100%
Significant events
- “Group faced a weak consumer environment and significant cost pressures in 2024. Delivered exceptional guest experiences and significant capital expenditure. All 15 Chester fixtures were held, but Musselburgh's Easter Saturday fixture was abandoned. Gross profit as a percentage of turnover fell from 37% to 35%.”
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
Filing timeline
Last 20 of 215 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-08 | AA | accounts | Accounts with accounts type group | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | CH01 | officers | Change person director company with change date | |
| 2025-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-28 | AA | accounts | Accounts with accounts type group | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-18 | AA | accounts | Accounts with accounts type group | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-12 | AA | accounts | Accounts with accounts type group | |
| 2022-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-01 | CH01 | officers | Change person director company with change date | |
| 2022-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-08 | AA | accounts | Accounts with made up date | |
| 2021-05-28 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.9%
£37,645,846 £38,379,263
-
Cash
+2.3%
£11,418,191 £11,678,474
-
Net assets
-0.7%
£39,967,084 £39,692,964
-
Employees
+1.2%
162 164
-
Operating profit
-76.8%
£1,463,165 £339,566
-
Profit before tax
-73.8%
£2,141,466 £560,567
-
Wages
+5.9%
£9,872,187 £10,453,585
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers