Academy Motorsport Limited

Academy Motorsport Ltd, based in Wolverhampton, UK, is a small, active company founded 14 years ago. With just two employees and £221,996 in assets, it operates from a virtual address, managed by a single director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 5 months of import activity recorded, and exports irregularly, with just one month of export activity as of November 2022.

The company’s website showcases a diverse range of services, from race driver insights and Mustang challenges to transportation, car hire, and sponsorship packages. Notably, it highlights a thriving race team with a history of winning UK Drivers and Team Championships, and even offers VIP packages for corporate events. The website also features a dedicated section for “RoadTrack Mustangs,” indicating a focus on performance vehicle upgrades and restoration. It's clear Academy Motorsport is more than just a parts importer; it’s a motorsport business offering a full suite of services.

Financially, Academy Motorsport Ltd presents a mixed picture. Current assets have decreased significantly by 41%, falling to £220,000, while net assets have also dropped by 16%, settling at £350,000. Bank borrowings have increased by a staggering 2,400%, reaching £79,000, and cash reserves have plummeted 57%, leaving just £110,000. Creditors, however, have decreased by 510%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Academy Motorsport Ltd appears to be facing financial headwinds, with decreasing cash reserves and increased borrowing. However, its diverse service offerings and strong motorsport heritage suggest potential for future growth—it’s just a matter of navigating these challenges effectively.

Registered in England/Wales under the registration number 07495297, with a registered address at WV1 4SB, Wolverhampton, Granville House, 2 Tettenhall Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.