Cornwall Karting Limited

Cornwall Karting Ltd from Wadebridge UK is a small, active company founded fifteen years ago. Employing twenty-two people, it holds £272,922 in assets and operates from a real address at St Eval Kart Circuit. With a single director and owner—a solo founder—the company enjoys a stellar 5.0 Google rating based on over a thousand reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with just one month of import activity recorded as of July 2022.

The company's website highlights its role as Cornwall’s largest karting circuit, offering a premier outdoor go-kart experience for all ages. It features a 1000m track catering to different age groups, including dedicated circuits for younger children. The site emphasizes booking options, pricing, and even live timing, suggesting a focus on customer engagement and a modern, well-managed operation. It’s clear the business is geared towards providing a fun, accessible activity for families and groups.

Financially, Cornwall Karting Ltd presents a mixed picture. Current assets have decreased by 25%, dropping to £270,000, while bank borrowings have increased by 5.8%, reaching £130,000. Cash reserves have also declined by 31%, falling to £220,000. Creditors have decreased by 4.3%, which is a positive sign. The company meets two of the three criteria for being classified as a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and, as such, is exempt from a full audit, relying on unaudited statements.

The decrease in assets and cash reserves, alongside the rise in borrowings, suggests the company might be burning through money, perhaps due to increased operating costs or investments in track maintenance. However, the reduction in creditors indicates improved debt management. It’s possible the company is reinvesting in its facilities to maintain its reputation as Cornwall’s premier karting destination.

Registered in England/Wales under the registration number 07127972, with a registered address at PL27 7UN, England, Wadebridge, Cornwall, St Eval Kart Circuit, St Eval.

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