Racekit Ltd
- Small
- Holding
- Active
- 15 years
- 4 employees
- £173,508 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
- E-commerce
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
Racekit Ltd is a small, holding company based in London, UK, with an active status. Established fifteen years ago in 2009, the company employs just three people and holds £167,097 in assets. It has a real registered address and is overseen by one director and one owner. Racekit Ltd regularly imports clothing and accessories made by knitting or crocheting, with six months of import activity recorded, the last in June 2024. It also exports toys, games, and sports equipment, but only irregularly, with two months of export activity, the last in November 2020.
The company’s website, myRaceKit, is an e-commerce platform geared towards runners and outdoor enthusiasts. It offers a wide range of gear, from running shirts and shoes to backpacks and survival equipment, catering to both men and women. The site emphasizes a diverse selection, competitive pricing, and a user-friendly shopping experience. It even has a knowledge base with articles and reviews, reinforcing its position as a resource for runners.
Financially, Racekit Ltd’s numbers paint a mixed picture. Accumulated depreciation on plant and machinery increased by 31%, indicating investment in equipment, while bank borrowings decreased by 22%, suggesting improved cash flow management. However, creditors increased significantly by 130%, and net assets decreased by 48%, which could be a concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity warrants further investigation. The company’s accounts are unaudited, as is common for small entities. It seems like the company is growing, but it’s important to monitor its debt levels closely.
Registered in England/Wales under the registration number 07026165, with a registered address at NW6 1JS, England, London, 59 Marlborough Mansions Cannon Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 6 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 10 pages pdf report
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Confirmation statement made on 2025-02-19 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-09-30Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Racekit Ltd
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