Grand Prix Models Limited

Grand Prix Models Ltd from Biggleswade UK: a small, active company established 36 years ago, employs four people, and holds £136,936 in assets. Operating from a virtual address, the business is managed by three directors and owned by two individuals—Marot Andre and Marot Justina—and is a family business. It regularly imports and exports toys, games, and sports equipment, with 42 months of import activity and 28 months of export activity recorded.

The company’s website, Grand Prix Models, is a dedicated online retailer specializing in model cars, accessories, books, and motor racing DVDs. It caters to enthusiasts worldwide, offering a wide range of unique models and accessories. The site showcases a vast collection, from classic Jaguar models to modern Formula 1 cars, with detailed descriptions and high-quality images. It even features a section dedicated to building guides and model car news, reinforcing its position as a hub for model car enthusiasts. The site’s emphasis is on a wide selection, expert knowledge, and a global reach.

Financially, Grand Prix Models Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £140,000, while net assets have also declined by 9%, settling at £120,000. Bank borrowings have increased significantly, by 2,400%, reaching £29,000, and cash reserves have fallen 5.7% to £76,000. Creditors, however, have decreased by 57%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows it to remain flexible, but the drop in equity raises questions about its long-term financial health. No auditor is mentioned, as the company is exempt due to its size, meaning the figures are unaudited.

The decrease in debtors by 91% is a notable trend, potentially indicating a shift in payment terms or a reduction in outstanding invoices. Overall, while the company maintains a strong online presence and caters to a niche market, its financial performance suggests it’s navigating some challenges.

Registered in England/Wales under the registration number 02345845, with a registered address at SG18 9RB, England, Biggleswade, Bedfordshire, Harrison House Sheep Walk, Langford Road.

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