Motorsport Tools Uk Ltd

Motorsport Tools Uk Ltd, based in Pwllheli, UK, is a small, family-run business with an active status. Founded 14 years ago in 2010, the company employs 15 people and holds £1,183,050 in assets. With a real registered address and three directors and owners, it’s a tight-knit operation. The firm regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 102 months of import activity and 274 months of export activity recorded, the latest in January 2025. It operates an e-commerce site and boasts a stellar 5.0 Google rating from 39 reviews.

The company's website reveals a focus on motorsport-related tools and equipment, catering to enthusiasts and professionals alike. It's clear they are doing retail sales via mail order and the internet. While the exact scope of their product range isn't detailed, the name suggests a specialization in tools, parts, and accessories for motorsports.

Financially, Motorsport Tools Uk Ltd shows a mixed picture. Current assets increased by 20% to £1,200,000, while net assets decreased by 9% to £500,000. Cash bank on hand saw a significant jump of 39% to £270,000. However, creditors rose by 38% to £870,000, and trade debtors fell to zero. 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. The increase in creditors and decrease in trade debtors could indicate a shift in payment terms with suppliers or customers. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Motorsport Tools Uk Ltd appears to be a well-regarded business with a strong online presence. The recent financial trends suggest they are growing, but also managing increased debt. It’s likely they are doing well, but it’s important to keep an eye on those rising creditor levels.

Registered in England/Wales under the registration number 07387608, with a registered address at LL53 6NH, Pwllheli, Carnguwch, Llithfaen.

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