Parker Racing Ltd
- Small
- Active
- 2 years
- 2 employees
- £244,930 (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
Parker Racing Ltd is a small, active company based in Wakefield, UK, founded two years ago in 2022. It's a solo founder operation with one director and two employees, holding £244,930 in assets. The company operates from a real address and is a regular importer of vehicles, parts, and accessories—a category it’s been importing into for 34 months, with the most recent import occurring in February 1, 2025. Parker Racing Ltd’s website showcases a vast selection of pit bike parts, ranging from brakes and clutches to engines and suspension, catering to a niche market of motorcycle enthusiasts.
The website is clearly an e-commerce platform, with a user-friendly layout and detailed product listings. It offers a wide range of brands, including Daytona, Bucci, and Mikuni, and features a quick-view section for easy browsing. The site also includes a blog with product information, race team updates, and news events, indicating a focus on customer engagement. It also has a subscription for a newsletter.
Financially, Parker Racing Ltd presents a mixed picture. Cash bank on hand has decreased by 13%, while creditors have increased by 9.7%. Trade debtors have seen a significant jump, rising by 700%. However, current assets have increased by 21%, suggesting improved inventory management. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. Despite a decrease in accumulated depreciation, the company’s net assets have increased by 54%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.
Overall, Parker Racing Ltd appears to be a growing business, but the increase in debtors and the decrease in cash reserves could indicate some challenges in managing cash flow. The company’s focus on a niche market and its online presence suggest a solid foundation for future success, but keeping a close eye on financial performance will be essential.
Registered in England/Wales under the registration number 14276561, with a registered address at WF4 1LP, England, Wakefield, West Yorkshire, 521 Doncaster Road Crofton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 7 pages pdf report
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Confirmation statement made on 2024-08-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Parker Racing Ltd
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