Jordan Racing Team Ltd

Jordan Racing Team Ltd, based in Northampton, UK, is a small, active company founded ten years ago in 2014. With three employees and £285,892 in assets, it operates from a virtual address, a detail worth noting as seventy-two companies are registered at the same location. The business is led by three directors and owned by Jordan Andrew Phillip. It regularly imports vehicles, parts, and accessories (not for trains or trams), with 8 months of import activity recorded, the last in October 2024. It also exports these items, though less frequently, with just 2 months of export activity, also concluding in October 2024.

The company's website, jordanracingteam.co.uk, showcases a thriving business specializing in classic car restoration and preparation. It highlights a family-run operation with a strong reputation, particularly for its work on Cortina and Porsche 911 models. The website mentions EVO magazine praising the company's preparation standards and highlights the popularity of its A40 restoration. It also has a showroom in Harrods, London, and operates from Cambridge. The company is clearly focused on high-quality restoration and preparation services, catering to a niche market of classic car enthusiasts.

Financially, Jordan Racing Team Ltd presents a mixed picture. Current assets have decreased by 16% to £290,000, while net assets have increased by 17% to £800,000. However, bank borrowings have increased significantly by 300% to £210,000, and cash reserves have fallen by 3.1% to £210,000. Creditors have increased dramatically by 400% to £160,000, suggesting increased reliance on credit. 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 rise in debt warrants attention. The company is exempt from an audit, so the figures are unaudited.

In conclusion, Jordan Racing Team Ltd appears to be a successful, albeit debt-burdened, business. Its focus on high-quality classic car restoration and preparation, combined with a strong online presence, suggests a sustainable model—but managing its growing debt will be key to its long-term health.

Registered in England/Wales under the registration number 09322385, with a registered address at NN4 7SL, United Kingdom, Northampton, 2 Pavilion Court, 600 Pavilion Drive.

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