Knockhill Racing Circuit Limited

Knockhill Racing Circuit Ltd is a small holding company with an active status, established 39 years ago in 1986. Based in Fife, Scotland, it employs 50 people and holds assets worth £2,616,540. The company boasts a stellar 5.0 Google rating from over 3,000 reviews and operates from a real address. With four directors and one owner, Knockhill Racing Circuit Ltd is a well-established fixture in the Scottish motorsport scene. It's an irregular importer, primarily dealing in iron or steel products, with a recent import recorded in January 2024.

The company’s core business revolves around operating a renowned racetrack and providing a range of experiences. Its website showcases a diverse offering, including events, racing experiences (from rally driving to supercar thrills), karting, and corporate hospitality. While not a traditional e-commerce site selling products, the website serves as a central hub for booking experiences, purchasing gift vouchers, and staying updated on upcoming events. It's clear that the company's revenue stream is primarily driven by track rentals, experience bookings, and related services. They also offer testing services for bikes, cars, and even karting, catering to a wide range of motorsport enthusiasts.

Financially, Knockhill Racing Circuit Ltd shows a mixed picture. Cash reserves increased by a respectable 9.6% to £2.5 million, suggesting good cash flow management. However, net assets grew by only 20%, indicating that while the company is holding more cash, its overall equity position hasn't increased proportionally. Bank borrowings decreased slightly, and creditors also saw a reduction, which is a positive sign. The number of employees increased by 6%, which could be attributed to the ongoing demand for track activities and experiences. 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 it to remain flexible, but the relatively modest growth in equity raises questions about long-term sustainability. No auditor is mentioned, which is common for small companies exempt from mandatory audits.

Registered in Scotland under the registration number SC099128, with a registered address at KY12 9TF, By Dunfermline, Fife.

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