Fortis Racing Limited

Fortis Racing Ltd, based in Towcester, UK, is a small, active company established sixteen years ago. With a single employee and £99,497 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and regularly imports vehicles, parts, and accessories (excluding trains and trams) – a consistent activity spanning eight months, with the last import in January 2023. It also exports these same items, though less frequently, with just one month of activity recorded in November 2024.

The company's website highlights its role as an official supplier for the F900R Cup, offering race kit and parts for BMW motorcycles. It showcases a range of performance parts, including KTech suspension components and Arrow exhaust systems, and caters to teams and individuals involved in the BMW F900R one-make series. The site emphasizes quality, performance, and support for the racing community, with a dedicated section for BMW F900R parts and a focus on providing solutions for both professional racers and enthusiasts.

Financially, Fortis Racing Ltd's recent performance indicates some challenges. Current assets have decreased by 21%, dropping to £99,000, while net assets have plummeted 93%, leaving a mere £-1,000. Bank borrowings have increased significantly, and cash reserves have fallen considerably. Trade debtors have also seen a substantial increase, suggesting potential issues with customer payments. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decline in equity and the rise in debt raise concerns about its financial health. No auditor is mentioned, which is typical for small companies exempt from an audit. It’s possible the company is experiencing typical startup turbulence, or perhaps it's facing increased competition in the motorsport parts market.

Registered in England/Wales under the registration number 06762125, with a registered address at NN12 6BS, United Kingdom, Towcester, Northants, Office 6, Town Hall, 86 Watling Street East.

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