Adx Karting Ltd

Adx Karting Ltd, based in London, UK, is a small, active company founded two years ago. With a single employee and £16,851 in assets, it operates from a virtual address shared by over twenty other companies. The company is led by two directors and has one owner, Connolly James. It boasts a stellar 5.0-star Google rating based on 92 reviews, and is known for importing vehicles, parts, and accessories – though its import activity has been irregular, with just two months of imports recorded in the last six months.

The company’s website, adxkarts.co.uk, highlights a focus on providing a "fastest karting experience" in the UK and Europe, with options for driving experiences, VIP memberships, scholarships, and even a "K1 Stars" program. It’s expanding internationally, with plans for operations in Italy and Greece by 2025, and actively promotes its services through a "shop" and contact form. The website also mentions partnerships with Pitlane Media.

Financially, Adx Karting Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the numbers show some concerning trends. Cash bank on hand remained steady at £10,000, but net assets dropped to £21,000. Creditors increased slightly to £18,000, and net current assets are in the negative, at -£1,600. The company’s property, plant, and equipment are valued at £22,000, with £25,000 added in the last year. It’s worth noting that the accounts are “filleted” and unaudited, relying on director-reported data.

The company’s focus on international expansion is ambitious, but the current financial situation suggests it’s operating on a tight budget. While the high Google rating indicates strong customer satisfaction, the need to manage cash flow and potentially secure additional funding will be crucial for Adx Karting Ltd’s continued success.

Registered in England/Wales under the registration number 14604510, with a registered address at E14 8PX, United Kingdom, London, 14/2g Docklands Business Centre 10-16 Tiller Road.

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