Hill Speed Racing Limited

Hill Speed Racing Ltd from Chesterfield UK: a small, holding company with an active status, was founded 28 years ago in 1996. It employs eight people and holds £54,664 in assets, boasting a perfect 5.0 Google rating from three reviews. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded as of March 2022. It has three directors and one owner.

The company operates in the maintenance and repair of motor vehicles. Its website, though not currently active, suggests a focus on racing car parts and services. It’s unclear if the company is actively selling online, but the domain name implies a strong connection to the motorsport industry.

Financially, Hill Speed Racing Ltd presents a mixed picture. Current assets have decreased by 12%, falling to £55,000. Bank cash has dropped significantly, a 70% decrease to £540. Creditors have also decreased, falling by 24% to £190,000. However, net assets have also fallen by 6.3%, dropping to £84,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in net assets warrants attention. As a small company, it's exempt from an audit, and the financial statements are unaudited. The company's liabilities are quite high, which could be a concern.

Registered in England/Wales under the registration number 03237475, with a registered address at S44 5HN, England, Chesterfield, Derbyshire, Unit 4 Waterloo Court, Markham Vale.

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