Lola Cars Ltd

Lola Cars Ltd, based in London, UK, is a small holding company with an active status, founded three years ago in 2021. Employing just two people and holding £2,390,124 in assets, it operates from a virtual address – a detail flagged by the registration of 259 other companies at the same location. The company is managed by three directors and has one owner, although the full list of owners is not exhaustive. Lola Cars Ltd irregularly imports clothing and accessories made by knitting or crocheting (two months of imports, latest in July 2024) and exports various textile products, sets, used clothing, and rags (one month of exports, latest in February 2025).

The company’s website paints a picture of a heritage brand focused on motorsport innovation. It’s clear Lola Cars is primarily engaged in technology, services, and projects related to racing, with a dedicated section highlighting its history and a “shop” likely offering merchandise or parts. The site’s design and messaging emphasize a premium, high-performance image—a far cry from the irregular import/export activities mentioned in the company report. There's a contact form, but it's protected by reCAPTCHA, suggesting a focus on security and potential spam prevention.

Financially, Lola Cars Ltd presents a mixed picture. While cash reserves have increased dramatically by 330% to £790,000, other indicators raise concerns. Creditors have tripled to £4.5 million, and net assets are down 150% to -£2.1 million. Trade debtors have exploded by 3,400%, suggesting a reliance on customer payments to sustain operations. Despite a drop in employees (zero reported), the company’s property, plant, and equipment gross cost has increased by 7.4% to £110,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Lola Cars Ltd seems to be burning through cash despite a significant increase in bank reserves. The company's focus on motorsport technology and heritage, as showcased on its website, contrasts with the irregular import/export activities. Whether the company can sustain its operations and capitalize on its brand reputation remains to be seen.

Registered in England/Wales under the registration number 13658992, with a registered address at EC2V 6DN, United Kingdom, London, 9th Floor 107 Cheapside.

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