Flat Six Road And Race Engineering Limited

Flat Six Road And Race Engineering Ltd, based in Redditch, UK, is a small, active company founded ten years ago in 2014. With a single employee and £33,859 in assets, it’s a solo founder operation run by a director and owner. The business is a irregular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with two months of import activity and one month of export activity recorded, the last import in 2023 and export in 2016. It has a real registered address and operates within the other engineering activities industries.

The company’s website showcases a passion for classic Porsche racing and restoration, alongside other vehicles like Shelby Mustangs and Landrovers. It's clear they offer a range of services, from evocation and restoration to sales of parts and accessories. The site also features a blog and collection pages, suggesting a community-focused approach to their niche market. It’s an ecommerce site, but not a high volume one.

Financially, Flat Six Road And Race Engineering Ltd presents a mixed picture. While cash bank on hand dropped to zero, a significant decrease, bank borrowings increased by 93%, reaching £5,900. Creditors decreased slightly, suggesting better debt management, but deferred tax assets decreased too. 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 flexibility, but the drop in equity—a 13% decrease—raises questions. The company is exempt from an audit, so the numbers are unaudited.

Overall, Flat Six Road And Race Engineering Ltd appears to be navigating a challenging financial landscape. While its passion for classic vehicles is evident, the company’s financial health needs to be monitored closely. The increase in bank borrowings is a concern, and the company will need to focus on generating revenue to sustain its operations.

Registered in England/Wales under the registration number 09137975, with a registered address at B97 5QD, England, Redditch, Worcestershire, Unit 4 Love Lyne Stables Love Lyne, Callow Hill.

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