Godspeed Brakes Limited

Godspeed Brakes Ltd, based in Pontypridd, UK, is a small, active family business founded four years ago. With just four employees and £16,698 in assets, it operates from a virtual address shared by 47 other companies, indicating a potentially cost-conscious approach. The company is owned and directed by Godney Benjamin James and Godney Ian James. It runs an e-commerce site and is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded one month ago in May 2023.

The company’s website showcases a wide range of brake-related products and services, including pads, discs, calipers, and restoration work. It caters to a variety of vehicle brands, with a particular focus on performance models like Golf, Hyundai i30N, and BMW. The site offers a fitment guide to help customers find the right parts for their vehicles, and it ships internationally. It’s clear the company is targeting a niche market of performance car enthusiasts.

Financially, Godspeed Brakes Ltd presents a mixed picture. While current assets remained stable at £17,000, net current assets and liabilities plunged dramatically, with a 96% increase to -£91,000. Bank borrowings increased significantly, and cash reserves fell, suggesting the company is burning through money. However, creditors decreased slightly, which could indicate improved debt management. The company’s small size (meeting two of three criteria for being considered small) allows for flexibility, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Godspeed Brakes Ltd appears to be a lean operation with a specialized product offering. While the financials show some strain, the company’s focus on performance parts and its e-commerce presence could provide a path to future growth. It’s a business that is clearly passionate about brakes, but it will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 12754388, with a registered address at CF37 4DY, Wales, Pontypridd, Mid Glamorgan, Llanover House, Llanover Road.

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