Ff Corse Limited

Ff Corse Limited, based in Tring, UK, is a small, active company founded 16 years ago in 2009. With 12 employees and £2,066,515 in assets, it operates from a virtual address shared by fifteen other companies. The business is led by two directors and one owner, and currently holds a perfect 5.0 Google rating from five reviews. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded four months ago.

The company’s website, though minimal, reveals a focus on motorsport. Ff Corse Limited specializes in the maintenance and repair of motor vehicles, with a particular emphasis on racing. It's a family-run business, with Anthony Darren Cheshire and Christine Louise Cheshire listed as directors, and Anthony Darren Cheshire as the motorsport director. The company also appears to be involved in the restoration and supply of parts for Grand Prix Racegear Limited and GPR Racing Limited, both companies under common control.

Financially, Ff Corse Limited presents a mixed picture. Current assets have decreased by 9.7% to £2,100,000, while net assets have increased by 20% to £1,800,000. Bank borrowings have seen a significant drop of 41% to £42,000, and cash reserves have fallen 52% to £250,000. Creditors have also decreased substantially by 48% to £470,000. Trade debtors have increased by 54%, suggesting a possible shift in payment terms or increased sales. 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 decline in cash reserves warrants attention. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Ff Corse Limited appears to be navigating a period of change. While its motorsport focus and strong Google rating suggest a loyal customer base, the financial data reveals a need to manage cash flow effectively. The loans to related companies, while potentially beneficial, also add complexity to the company’s financial picture.

Registered in England/Wales under the registration number 06785271, with a registered address at HP23 5TE, Tring, Herts, The Counting House, High Street.

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