Race & Play Karting Ltd

Race & Play Karting Ltd, based in Sheffield, UK, is a small, active company founded two years ago in September 2022. It employs just one person and holds £35,122 in assets. Run by a solo founder, Caffrey Liam, who also serves as director and owner, the company operates from a real address and regularly imports electrical machinery and equipment – six months of import activity were recorded, the latest in November 2024. The company operates in the "other amusement and recreation activities n.e.c." industries.

The company’s website, Fast Lane Go Karting Stoke, promotes itself as the Midlands’ premier indoor karting experience. It offers various packages, including arrive-and-drive sessions, junior parties, and corporate events, catering to individuals and groups. The site highlights a multilevel track refurbishment and emphasizes a safe, friendly, and exhilarating experience with onsite catering and a corporate lounge. The business also operates from a location in Stoke-on-Trent, Staffordshire, and even has a showroom in Harrods, London.

Financially, Race & Play Karting Ltd presents a mixed picture. Cash reserves increased significantly to £25,000, a positive sign, but creditors ballooned to £160,000, suggesting a reliance on borrowing. Equity, however, sits at a negative -£68,000, a concerning trend. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the large increase in creditors and negative equity indicate potential financial strain. The company is exempt from an audit, so the figures are unaudited. The increase in creditors could be due to expansion or investment in the business, but it’s something to keep an eye on. The company’s focus on corporate events and parties could be a key driver of revenue, but managing debt will be crucial for its long-term sustainability.

Registered in England/Wales under the registration number 14366357, with a registered address at S8 0ET, England, Sheffield, 145 Folds Lan.

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