Haz Motorsport Limited

Haz Motorsport Limited, based in Dewsbury, UK, is a small, active company founded ten years ago in 2015. Employing four people and holding £93,359 in assets, it operates from a real address and is managed by one director and owner, Khadim Hasnain. The company boasts a strong 4.0 Google rating from 84 reviews and regularly imports vehicles, parts, and accessories—most recently in November 2024.

Primarily a tuning and performance parts specialist, Haz Motorsport’s website showcases a wide range of services and products, from engine tuning and remaps to wheel spacers and exhaust systems. It caters to a diverse range of vehicles, including VW Golfs, Audis, BMWs, and Mercedes, with a particular focus on high-performance models. The site also features a currency converter, suggesting a global customer base. It’s clear they’re aiming to be a one-stop shop for car enthusiasts.

Financially, Haz Motorsport Limited presents a mixed picture. Current assets have decreased by a significant 30%, dropping to £93,000, while net assets have fallen even further—a 67% drop to £18,000. Bank borrowings have surged by 130%, reaching £56,000, and cash reserves have plummeted, ending at a meager -£410. On a positive note, creditors have decreased by 44%, which could indicate improved management of short-term debts. The company’s small size (meeting two of three conditions for being small) allows for agility, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

The increase in loans from directors, reaching £56,000, suggests the business may be relying on personal investment to navigate these financial challenges. While the company maintains a strong online presence and positive customer reviews, the financial data indicates a period of strain. Whether this is typical for a growing business or a sign of deeper issues remains to be seen—but for now, Haz Motorsport Limited is navigating a period of change.

Registered in England/Wales under the registration number 09371738, with a registered address at WF12 9QS, England, Dewsbury, 3e Anchor Bridge Way.

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