J W Bird Motorsport Ltd

Jw Bird Motorsport Ltd is a small, active company based in Manchester, UK, founded eleven years ago in 2014. With two employees and £160,795 in assets, it operates from a virtual address shared by 176 other companies, which is a bit odd. The company is led by one director and owner, Beaumont Nicholas Paul. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded one month ago in July 2023. The company’s activities are classified as other business support service activities n.e.c.

The company’s website, JwBird Motorsport, features a clean, menu-driven layout with sections for About, Testimonials, Contact, Partners, Gallery, Drivers, Events, and FAQs. It’s clear the company is focused on motorsport, likely serving as a racing team or providing related services. The site doesn's give a lot of information about the business, but it does suggest a focus on partnerships and drivers. It's not immediately obvious if the site is actively used for e-commerce, but the presence of a gallery and driver profiles hints at marketing and branding efforts.

Financially, Jw Bird Motorsport Ltd shows some concerning trends. While cash bank on hand increased significantly by 110% to £59,000, current assets declined by 12% to £160,000. Trade debtors have taken a big hit, falling 62% to £30,000, which could indicate payment issues or a change in credit policies. However, financial commitments have skyrocketed by 900% to £70,000, which is a big red flag. The company’s net assets liabilities have increased by 570% to -£83,000, which is a significant loss. Despite these challenges, the company’s small size (meeting two of three conditions for being a small company) allows for flexibility. The unaudited financial statements, as a small company, don't have the scrutiny of an external auditor.

Overall, Jw Bird Motorsport Ltd appears to be facing financial headwinds. While the increase in cash reserves is positive, the sharp decline in debtors, the surge in financial commitments, and the negative net assets liabilities suggest the company is burning through money. The lack of a clear e-commerce presence on the website, combined with the financial pressures, raises questions about the company’s long-term sustainability.

Registered in England/Wales under the registration number 08902111, with a registered address at M4 5DL, England, Manchester, C/O Beever And Struthers One Express, 1 George Leigh Street.

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