Pds Racing Ltd

Pds Racing Ltd, based in Wakefield, UK, is a small, active family business established ten years ago. With five employees and £1,319,877 in assets, the company operates from a virtual address and is managed by three directors and two owners. It’s a bit of an odd mix – irregularly importing vehicles, parts, and accessories (just two months’ worth, with the last activity in 2022) while regularly exporting the same items (a robust 215 months, with the last shipment in February 2025).

The company’s website showcases a focus on motorsport-related parts and accessories. While it’s not explicitly an e-commerce platform, the site provides information about the company’s services, including transmission shop work and potential restoration projects. It seems to cater to a niche market of motorsport enthusiasts and professionals.

Financially, Pds Racing Ltd presents a somewhat mixed picture. While cash reserves increased by 20% to £890,000, creditors jumped by 17% to £930,000, suggesting a reliance on credit. Trade debtors also decreased by nearly 20%, which could be a sign of improved collection practices or a reduction in credit sales. Net assets, however, dropped by 4.5% to £500,000, indicating a slight erosion of equity. The company's small size – meeting two of three criteria for a small company – allows for flexibility, but the increase in liabilities warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Furniture fittings depreciation increased by 10%, and motor vehicle depreciation increased by 40%, which could be a sign of investment.

Overall, Pds Racing Ltd appears to be navigating a competitive market, balancing import and export activities while managing its financial obligations. It's a family-run business with a clear focus on motorsport, but the increasing liabilities are something to keep an eye on.

Registered in England/Wales under the registration number 09102053, with a registered address at WF5 9TJ, United Kingdom, Wakefield, West Yorkshire, No.2 Silkwood Office Park, Fryers Way.

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