John Sleath Race Cars Limited

John Sleath Race Cars Limited, based in Doncaster, UK, is a small, active company established 21 years ago. With three employees and £71,373 in assets, it’s a family-run operation overseen by two directors and a single owner. The company holds a stellar 5.0 Google rating from 25 reviews, reflecting a commitment to customer satisfaction. It regularly imports vehicles, parts, and accessories – not for trains or trams – with 35 months of import activity recorded, the latest in December 2024.

The company operates in the repair and maintenance of other transport equipment, a niche sector requiring specialized skills. While a website isn’t available to analyze, the business likely caters to motorsport enthusiasts and racing teams, offering services such as engine tuning, chassis fabrication, and vehicle restoration. It’s a hands-on operation, relying on expertise and precision to keep race cars in top condition.

Financially, John Sleath Race Cars Limited presents a mixed picture. Current assets have declined by 25% to £71,000, while net assets have fallen by 19% to £77,000. Cash reserves have also decreased by 28% to £62,000. Trade debtors have increased by 6.5%, suggesting a possible need to improve payment collection. On a positive note, creditors have decreased by 26%, indicating better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity warrants closer attention. The accounts are unaudited, as is typical for small companies, and no auditor is listed.

Overall, John Sleath Race Cars Limited seems to be navigating a period of financial adjustment. The company’s reputation and specialized services provide a solid foundation, but maintaining profitability will be key to its long-term success.

Registered in England/Wales under the registration number 04963350, with a registered address at DN12 2AQ, Doncaster, South Yorkshire, Carr Grange Farm, Conisbrough.

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