Grand Prix Racegear Limited
- Small
- Active
- 16 years
- 11 employees
- £1,279,012 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- Rating 5.0 (124)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Grand Prix Racegear Ltd from Towcester UK: a small, active company founded 16 years ago, employs 11 people, and holds £1,279,012 in assets. It’s a family business with a perfect 5.0 Google rating from 124 reviews, boasting two directors and two owners. The company regularly imports clothing and accessories (excluding knitted or crocheted items) – 128 months of import activity recorded, the latest in February 2025 – and exports headgear and accessories, with 25 months of export activity, the last in October 2024.
The company operates in the retail sector, specializing in motorsport-related products. Its website, while not fully detailed, suggests a focus on supplying racing gear and accessories. It’s a real address, and only two companies are registered there, which is good.
Financially, Grand Prix Racegear Ltd presents a mixed picture. Current assets increased by 32%, reaching £1,300,000, which is good news. However, net assets also increased significantly by 130%, reaching £240,000, which is a large jump. Bank borrowings increased by 9.4%, reaching £11,000, and cash reserves saw a substantial 84% increase, reaching £320,000. Creditors also increased by 24%, reaching £510,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is likely due to its small size and exemption from an audit.
The substantial increase in net assets, coupled with a large cash reserve, suggests the company is in a relatively healthy position, although the increase in creditors should be monitored. The business is clearly doing well, and it’s good to see a strong Google rating.
Registered in England/Wales under the registration number 06799772, with a registered address at NN12 8TN, England, Towcester, Unit 1 Technology Park, Silverstone Circuit, Silverstone.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 3
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-12-21 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2023-12-21 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Grand Prix Racegear Limited
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