Nielsen Racing Ltd
- Small
- Active
- 10 years
- 1 employee
- £1,386,458 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Nielsen Racing Ltd is a small, active company from Corby, UK, established ten years ago in 2014. It's a solo founder operation, managed by a single director and owner, Thompson David James, and employs just one person. The company holds £1,386,458 in assets and operates from a real address shared by only two other companies. It's a regular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with 15 months of import activity recorded, the latest in March 2025.
The company’s website reveals a motorsport team focused on racing and engineering services. Nielsen Racing competes in various European Le Mans Series and Michelin Le Mans Cup events, showcasing a history of success in LMP3 categories. They offer race car preparation, damage repair, and chassis setup, emphasizing high-quality parts and expert craftsmanship. The website details a string of achievements, including podium finishes and championship wins, highlighting the team's dedication and ambition to expand into LMP2 racing.
Financially, Nielsen Racing Ltd presents a mixed picture. While current assets increased by 100% to £1,400,000, net assets declined by 39% to £140,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 20% to £220,000. Creditors increased dramatically by 130% to £1,200,000, and trade debtors ballooned by 210% to £1,100,000. 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 remain agile, but the sharp equity drop and increased debt raise concerns. The unaudited figures, lacking an auditor’s review, rely on director-reported data.
Despite these financial pressures, Nielsen Racing’s focus on high-performance motorsport and its string of racing successes suggest a team driven by passion and ambition. Whether it can sustain its growth and navigate these financial challenges remains to be seen, but its commitment to excellence is evident.
Registered in England/Wales under the registration number 09324149, with a registered address at NN17 5BF, United Kingdom, Corby, Northants, Unit 7, Omega Court Centrix Business Park, Furnace Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seventeen days ago.
Last news
-
Confirmation statement made on 2025-06-17 with updatesDownload 5 pages pdf report
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Statement of capital following an allotment of shares on 2025-01-24Download 3 pages pdf report
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Registration of charge 093241490004, created on 2024-09-09Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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