Ben Pauling Racing Limited

Ben Pauling Racing Limited is a small, active holding company based in Cheltenham, UK, founded seven years ago in 2017. The company, with 23 employees and £2,053,056 in assets, operates from a real address at Naunton Downs Estate and is overseen by two directors and one owner. It’s an irregular importer, bringing in live animals for a month’s worth of imports, with the last operation taking place in June 2024. The business primarily focuses on training thoroughbred racehorses, with a strong emphasis on providing a premium experience for owners. Its website highlights the team, facilities, and even a partnership with Fitzdares, an online bookmaker, offering a club experience with food and drink.

The company’s website also reveals a significant, albeit separate, venture: high-end piano restoration through 1066 Pianos. This division, operating from Cambridge and with a showroom in Harrods, focuses on museum-grade restorations and disaster recovery services. While both entities share the "1066" branding, their operations appear distinct, with the racing business centered on equine expertise and the piano division specializing in instrument preservation.

Financially, Ben Pauling Racing Limited’s report shows a mixed picture. Cash reserves increased by a substantial 320%, reaching £280,000, which is good news. However, net assets decreased by 25%, dropping to £720,000. Bank borrowings surged by 230%, reaching £33,000, and trade debtors increased by 50%, suggesting a reliance on customer payments. Creditors also increased by 31%, which may be related to the increased borrowings. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The trend of increased borrowings, while not necessarily alarming, could indicate a need for further investment or working capital.

Registered in England/Wales under the registration number 10826943, with a registered address at GL54 3AE, United Kingdom, Cheltenham, Gloucestershire, Naunton Downs Estate, Naunton.

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