Optimum Racing Ltd

Optimum Racing Ltd from Wakefield UK: a small, active company founded nine years ago, employs fifteen people, and holds assets of £1,032,210. It’s a solo-founder operation with one director, boasting a real address. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 21 months of import activity and 3 months of export activity recorded.

The company’s website reveals a fascinating business model centered around racing advisory services. Run by Andrew Lowrie since 1999, Optimum Racing provides betting advice, focusing on steeplechases during the winter and flat racing in the summer. The service emphasizes sectional timing analysis, a key differentiator, and even receives endorsements from successful trainer Tim Vaughan. The website also features a Royal Ascot package and highlights past winning bets—a testament to the service’s perceived success. It's clear they’re aiming for a loyal client base seeking a professional edge in horse racing.

Financially, Optimum Racing Ltd shows some interesting trends. Creditors decreased by 21%, which is good, but bank borrowings have increased by a substantial 58%. Cash reserves have improved significantly, jumping 140% to £96,000. While net assets have grown by 27% to £2,100,000, raw materials and consumables have increased by a whopping 380%. It seems the company is investing in inventory, which could be a positive sign for future growth, but also carries risk. Depreciation on vehicles has increased by 6.8%, which is likely due to the increased investment in that area. The company is small, meeting two of three criteria for a small business, and no auditor is mentioned, so the figures are unaudited.

Overall, Optimum Racing Ltd appears to be a growing business, but the increased borrowing and inventory levels suggest it’s burning through cash a little faster. Whether this is a sustainable strategy remains to be seen, but the company’s focus on a niche market and its reputation for expertise could help it weather any financial storms.

Registered in England/Wales under the registration number 09658005, with a registered address at WF4 5EH, England, Wakefield, West Yorkshire, 12b High Line House Forge Lane, Horbury.

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