Corbeau Seats Limited

Corbeau Seats Ltd, a small holding company based in London, UK, has been a fixture in the motorsport industry for 57 years. Founded in 1967, the company employs 12 people and holds assets of £503,347. While it operates from a virtual address – a detail that raises some questions, as 175 companies share the same address – it’s managed by three directors and one owner. The company is currently active and has a long history of importing and exporting furniture, lighting, and prefabricated buildings, with 33 months of import activity and 50 months of export activity recorded.

Corbeau Seats Ltd specializes in the design and manufacture of motorsport safety equipment, particularly racing and bucket seats, harnesses, and accessories. Its website showcases a wide range of products, from FIA-approved racing seats to classic bucket seats and track day seats, catering to both professional racers and enthusiasts. The company even offers Lotus replacement seats, capitalizing on its long-standing relationship with the iconic British car manufacturer. It’s clear the company is focused on a niche market, emphasizing quality, safety, and heritage.

Financially, Corbeau Seats Ltd presents a mixed picture. Current assets have decreased by a significant 26%, falling to £500,000. Bank borrowings have also decreased, falling 24% to £18,000. However, net assets have fallen by 6.2% to -£1,400,000. Trade debtors have plummeted by 62%, suggesting a possible issue with customer payments. Despite these challenges, creditors have decreased by 77%, indicating improved debt management. As a small company meeting two of three conditions for small business status, it’s likely exempt from an audit, and the figures are unaudited.

The company’s long history and focus on motorsport safety equipment suggest a strong brand reputation, but the declining assets and trade debtors raise concerns about its financial health. It will be interesting to see how Corbeau Seats Ltd navigates these challenges and maintains its position in the competitive motorsport market.

Registered in England/Wales under the registration number 00912662, with a registered address at EC1M 4JN, London, 82 St John Street.

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