Paul Nicholls Racing Limited
- Small
- Holding
- Active
- 27 years
- 58 employees
- £705,464 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Rating 5.0 (44)
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
Phones
Summary
Paul Nicholls Racing Ltd, based in Shepton Mallet, UK, is a small holding company with an active status, celebrating 27 years since its founding in 0ctober 1997. Employing 58 people, the company holds assets of £823,908 and boasts a stellar 5.0 Google rating from 44 reviews. It’s a real address, managed by two directors and one owner. Notably, it’s an irregular importer of live animals, with one month of imports recorded back in June 2022.
The company’s core business revolves around horse training, as evidenced by its website. Paul Nicholls, the namesake and director, is a highly regarded figure in the jump racing world, recognized for his consistent success and numerous championship wins. The website highlights his achievements, including numerous victories at prestigious events like the Cheltenham Festival and King George VI Chase, and features a shop selling calendars and a brochure showcasing the horses in training. The business also operates a well-established brand, with a focus on nurturing champions season after season.
Financially, Paul Nicholls Racing Ltd presents a mixed picture. Current assets have decreased by 25% to £820,000, while net assets have increased by 9.1% to £2 million. Bank borrowings have decreased by 9.2% to £150,000, and cash reserves have plummeted 81% to just £18,000. Creditors have decreased by 26%, suggesting improved debt management. The company meets the criteria to be considered small, with a turnover under £10.2 million and fewer than 50 employees. Although the company is exempt from an audit, the unaudited figures offer a snapshot of its financial health.
Overall, Paul Nicholls Racing Ltd appears to be navigating a period of change, with a decline in cash reserves offset by improvements in debt management. The company’s strong brand and reputation in the racing world should provide a solid foundation for future success.
Registered in England/Wales under the registration number 03448030, with a registered address at BA4 6RD, Shepton Mallet, Somerset, Manor Farm Stables, Heighes House Ditcheat.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
-
Resident of United Kingdom
-
Individual
- 27 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2024-10-31Download 12 pages pdf report
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Confirmation statement made on 2024-10-04 with updatesDownload 4 pages pdf report
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Registration of charge 034480300011, created on 2024-06-06Download 21 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Paul Nicholls Racing Limited
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