Dave Loughnane Racing Limited

Dave Loughnane Racing Limited, based in Market Drayton, UK, is a small, active family business founded five years ago. With fourteen employees and £413,320 in assets, the company operates from a real address and is led by two directors and owners, Loughnane David and Loughnane Sarah Louise. It specializes in raising horses and other equines, and racehorse owner activities, and is an irregular importer of live animals, with its last import operation occurring over two years ago.

The company’s website showcases a focus on providing a high-quality training environment for racehorses, emphasizing accessible racing and state-of-the-art facilities. It also offers horses for sale and encourages potential clients to contact them. The website's design is professional, with a focus on showcasing the team, facilities, and horses.

Financially, Dave Loughnane Racing Limited shows a mixed picture. Current assets have decreased by 15%, falling to £410,000, while net assets have plummeted 66%, landing at just £67,000. Cash reserves have also taken a hit, decreasing by 32% to £39,000. Trade debtors have fallen dramatically, by 41%, suggesting improved collection, but creditors have increased by 12%, which could be a sign of increased borrowing. The company’s size (meeting two of three criteria for a small company) allows for agility, but the significant drop in equity is a concern. The unaudited figures, as a small company, don’t have an auditor mentioned, so they rely on the directors’ reporting.

It seems the company is working hard, but facing some financial headwinds. The focus on quality and individual horse care, as highlighted on their website, may be a key factor in their long-term success, but the recent financial trends suggest a need for careful management.

Registered in England/Wales under the registration number 12463586, with a registered address at TF9 2JP, England, Market Drayton, Helshaw Cottage Warrant Road, Stoke Heath.

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