R44 Performance Limited

R44 Performance Limited, based in Wembley, UK, is a small, active company founded five years ago in 2019. It employs nine people and holds £439,316 in assets, operating from a real address. With one director and owner, the company specializes in performance tuning and modifications for BMW vehicles, evident from its extensive online catalog. It’s a specialist in BMW OEM, M Performance aftermarket car parts.

The company’s website showcases a wide range of products and services, from carbon fibre body kits to engine tuning and detailing. It caters to a global market, offering shipping to over 150 countries and supporting multiple currencies. The website’s design is clean and modern, with a focus on high-quality imagery and detailed product descriptions. It’s clear that R44 Performance aims to be a one-stop shop for BMW enthusiasts worldwide.

Financially, R44 Performance Limited shows some concerning trends. While the company’s turnover remains undisclosed, accumulated depreciation on property, plant, and equipment has increased significantly, with computer equipment rising 140%, furniture fittings 100%, motor vehicles 250%, and plant machinery a staggering 250%. Bank borrowings have decreased substantially, dropping 94%, and cash reserves have fallen 72%. Creditors have increased by 25%, and trade debtors have decreased by 29%. Net assets have also declined by 27%. The number of employees has risen by 67%, suggesting growth, but also potentially increased operating costs.

Despite these challenges, R44 Performance’s focus on a niche market—high-performance BMW parts—could provide a buffer against broader economic pressures. The company’s global reach and diverse product offerings also provide opportunities for growth. The lack of an auditor mentioned suggests it's exempt as a small company, so the unaudited figures should be viewed with caution. It’s likely the company is experiencing the normal turbulence of a growing business, but the decline in equity warrants closer monitoring.

Registered in England/Wales under the registration number 12333034, with a registered address at HA9 0JD, England, Wembley, Unit 4 Latif House, First Way.

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