Longman Racing Ltd

Longman Racing Ltd, based in Ringwood, UK, is a small, active company established six years ago. With a single employee and £68,759 in assets, it operates from a virtual address – a detail flagged by the registration of 78 other companies at the same location. The company is led by one director and owner, Michael Longman. It’s a regular importer of electrical machinery and equipment, having imported for 14 months, with the latest activity in August 2024. It also exports machinery, boilers, and mechanical appliances, though less frequently, with just one month of export activity recorded in February 2025.

The company’s website reveals a more detailed picture: Longman Racing specializes in motorsport electronics, engine management systems, and vehicle calibration, boasting nearly 50 years of experience. It also offers dyno testing, track support, and even restoration services for pianos – a surprising diversification from its core business. The website highlights partnerships with EFI Technology and emphasizes expertise in high-performance solutions, suggesting a focus on quality and technical support. It’s clear that the company is trying to position itself as a specialist in the motorsport industry, catering to both professional racers and enthusiasts.

Financially, Longman Racing Ltd presents a mixed bag. While current assets have increased slightly to £69,000, net assets have fallen by 14% to £34,000. Bank borrowings have decreased significantly by 36%, and cash reserves have increased by a healthy 44% to £18,000. Creditors have risen by 2.1%, and trade debtors have remained steady. The company’s small size (meeting two of three conditions for a small company) means it avoids a full audit, relying on unaudited accounts. The rise in other creditors suggests a possible need for increased working capital, but the increase in cash reserves is a positive sign. It’s likely that the company is navigating the challenges of a small business, balancing growth with financial stability.

Registered in England/Wales under the registration number 11467645, with a registered address at BH24 1EL, United Kingdom, Ringwood, Hampshire, 1a Kingsbury's Lane.

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