Race Technology Limited
- Active
- Small
- 27 years
- 16 employees
- £871,938 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 6 directors
- 1 owner
- Eastwood
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
Race Technology Ltd, based in Eastwood, UK, is a small, active company founded 26 years ago. Employing 14 people, it holds £742,942 in assets and operates from a real address. With six directors and one owner, the business regularly imports electrical machinery and equipment (21 months) and exports optical and medical tools and devices (69 months). It's a well-established player in its niche, having been around since 1998.
The company's website reveals a diverse range of activities. Primarily, Race Technology Ltd supplies automotive testing equipment, including braking tests and noise measurement systems, to major OEMs and test houses worldwide. It also provides data logging and race scrutineering systems for international race series, and advanced data analysis software for GoPro cameras. Furthermore, the company offers custom development services, leveraging expertise in GPS, inertial systems, video, and CAN communications. The site’s clear segmentation into market sectors—automotive, racing, GoPro, and custom development—suggests a targeted approach to its offerings. It’s clear the company isn’s just selling products; it’s providing solutions.
Financially, Race Technology Ltd shows a mixed picture. Current assets increased by 18% to £740,000, while net assets increased by 14% to £700,000. Bank borrowings increased by 12% to £240,000, and cash reserves increased by 12% to £220,000. Trade debtors increased by 29% to £210,000. Creditors increased by 19% to £120,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. The increase in trade debtors, however, could indicate a need to improve payment collection processes. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, Race Technology Ltd appears to be a financially stable, albeit small, business. Its diverse range of services and targeted market approach suggest a resilient business model. The company’s long history and established presence in its niche provide a solid foundation for future growth.
Registered in England/Wales under the registration number 03608546, with a registered address at NG16 3DA, Eastwood, Nottingham, 16 King Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
-
Individual
- 24 years
- 1
-
Resident of United Kingdom
-
Individual
- 27 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-09-10 with no updatesDownload 3 pages pdf report
-
Confirmation statement made on 2025-09-09 with updatesDownload 5 pages pdf report
-
Change of details for Mrs Susana Fernandez as a person with significant control on 2016-04-06Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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