Racelogic Limited

Racelogic Ltd from Buckingham UK: holding company, active status, founded 32 years ago, 111 employees, £8,608,483 assets, real address, 9 directors, 1 owner, google rating 5.0 based on 4 reviews. Regular importer of optical and medical tools and devices (202 months imported). Regular exporter of optical and medical tools and devices (260 months exported). Racelogic is a UK-based company specializing in positioning, data logging, and video technology, employing over 100 people and holding significant assets of £8.6 million. Established 32 years ago, it operates as a holding company with a strong Google rating of 5.0 stars, demonstrating customer satisfaction.

The company’s core business revolves around designing and manufacturing electronic systems for the automotive, motorsport, and satellite receiver industries. Its website showcases four distinct brands: VBOX Automotive, VBOX Motorsport, LabSat GNSS Simulation, and AirPixel Camera Tracking. VBOX Automotive focuses on speed measurement and vehicle testing, while VBOX Motorsport provides performance meters for racing. LabSat offers GNSS simulators, and AirPixel specializes in camera tracking for AR and virtual production. Racelogic’s products are used globally, with sales distributed through a network of distributors in over 50 countries.

Financially, Racelogic shows some interesting trends. While net assets increased by a healthy 33% to £8.7 million, bank borrowings surged by 38%, reaching £3.1 million—a significant increase. Cash reserves also grew by 2.4% to £1.8 million. Creditors increased by 77%, suggesting a need to manage debt effectively. The company’s investments in group undertakings remained constant at £22,000. A notable increase in average employees, up 4.5% to 120, points to expansion and increased operational activity. The company's deferred tax liabilities also increased by 99%, a trend that might need further investigation. The company’s unaudited accounts were prepared by NB Consulting Limited.

Overall, Racelogic appears to be a thriving, innovative company with a global reach. While the increase in borrowing is something to monitor, the company’s strong brand portfolio, expanding workforce, and growing asset base suggest a positive trajectory. The increase in creditors may be a result of increased business activity and expansion, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 02743719, with a registered address at MK18 1TB, Buckingham, Buckinghamshire, Unit 10, Swan Business Centre Osier Way.

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