Austinracing Limited

Austinracing Limited, based in Lewes, UK, is a small, family-run business with an active status. Founded nine years ago in 2015, it employs twenty-three people and holds assets valued at £1,061,130. The company operates from a real address and is overseen by two directors and two owners. It’s a regular importer of various base metals and cermets, having imported for ten months, with the latest import occurring in February 2025. Simultaneously, Austinracing Limited is a regular exporter of vehicles, parts, and accessories (excluding trains and trams), having exported for an impressive 334 months, with the last export also made in February 2025.

The company’s website, though not explicitly detailed, suggests a focus on the manufacture of other parts and accessories for motor vehicles. It's unclear whether the company operates an e-commerce platform, but the nature of its products implies a business-to-business model, supplying parts to garages or vehicle manufacturers.

Financially, Austinracing Limited presents a mixed picture. While cash bank on hand has seen a healthy increase of 65%, reaching £990,000, other areas raise concerns. Accrued liabilities have risen by 30%, and net assets have decreased by 5.2%, dropping to £770,000. Bank borrowings have decreased significantly, and trade debtors have plummeted, suggesting improved collection of payments. However, the company’s average number of employees has also decreased slightly, from twenty-three to twenty-one. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the decline in equity warrants further scrutiny. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The significant increase in accrued liabilities and the decrease in net assets could indicate that Austinracing Limited is burning through cash, perhaps investing in new equipment or expanding operations. The decrease in the number of employees may reflect a streamlining of processes or a temporary reduction in workload. It’s a company with a solid foundation, but its financial trajectory will be something to keep an eye on.

Registered in England/Wales under the registration number 09667750, with a registered address at BN8 4TD, United Kingdom, Lewes, East Sussex, Downview Farm Town Littleworth Road, Cooksbridge.

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