Noel Fehily Racing Limited

Noel Fehily Racing Limited is a small, active company based in Abingdon, UK, founded twenty years ago in 2004. With £534,218 in assets and a virtual address, it employs six people and is run by three directors and two owners. It’s a family business and an irregular importer, with its top import category being live animals, totaling one month of imports, the last recorded in 2022.

The company operates in the other sports activities industries and focuses on syndicate racing. Its website highlights a National Hunt syndicate run by Noel Fehily himself, offering ownership opportunities. The syndicate emphasizes a unique racing experience, including access to Noel Fehily and David Crosse, top-class jockeys, and trainers. The website details various ownership options, stable visits, and race day experiences, all aimed at creating an inclusive and exciting racing environment. It’s clear the company is focused on attracting new owners and building a community around its racing activities.

Financially, Noel Fehily Racing Limited shows a mixed picture. Cash and cash equivalents dropped by 14% to £120,000, while net assets increased by 20% to £650,000. Trade debtors increased dramatically by 110%, reaching £160,000, which could indicate expanding credit terms or delayed customer payments. However, staff costs increased by 15%, reaching £120,000, which may reflect investments in personnel to support the syndicate's growth. Creditors decreased slightly, suggesting better debt management. 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 for flexibility, but the increase in debtors could be a concern. As a small company, it’s likely exempt from an audit, relying on unaudited statements.

Overall, Noel Fehily Racing Limited appears to be a growing business with a strong focus on community and racing experience. The increase in debtors is something to keep an eye on, but the company’s unique offering and family-run nature suggest a solid foundation for future success.

Registered in England/Wales under the registration number 05281153, with a registered address at OX13 5HR, Abingdon, Oxfordshire, 2 Michaels Court Hanney Road, Southmoor.

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