Bofi Racing Ltd

Bofi Racing Ltd, based in Huntingdon, UK, is a small, active company founded eight years ago. With eight employees and £355,689 in assets, it operates a thriving e-commerce site and maintains a stellar 5.0 Google rating from 122 reviews. The company has three directors and three owners, and boasts a real address. Bofi Racing Ltd regularly imports vehicles, parts, and accessories (excluding trains and trams), having done so for 116 months, with the most recent import in January 2025. It also exports these items, having done so for 24 months, with the last export also in January 2025.

The company’s website focuses on the manufacture of other parts and accessories for motor vehicles, as well as retail sales via mail order and internet industries. It appears to be a well-established online retailer, with a focus on automotive components.

Financially, Bofi Racing Ltd shows a mixed picture. While current assets decreased slightly to £360,000, net assets increased significantly to £34,000. Bank borrowings decreased, and cash reserves also fell. Creditors increased, suggesting a need to manage debt. 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 agility, but the changes in equity warrant further attention. The unaudited financial statements, without an auditor mentioned, rely on director-reported data.

The company’s financial data suggests a period of adjustment, with both positive and negative trends. It’s likely that the company is navigating the challenges of a competitive market, but its strong online presence and positive customer reviews indicate a solid foundation for future growth.

Registered in England/Wales under the registration number 10456648, with a registered address at PE29 6EB, United Kingdom, Huntingdon, Unit 4 St. Margarets Way, Stukeley Meadows Industrial Estate.

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