Racetorations Limited

Racetorations Ltd from Lincolnshire UK: a small company with an active status, was founded 26 years ago in 1998. It employs five people and holds £420,706 in assets, operating from a real address in Gainsborough. With two directors and a solo founder, Darryl Kyrle Uprichard, the company regularly imports machinery, boilers, and mechanical appliances – parts, with the latest import in September 2024. It also exports vehicles, parts, and accessories (excluding trains and trams) for a substantial 63 months, the last export in February 2025.

The company’s website, Racetorations Triumph TR Specialists, is dedicated to the restoration, modification, and sale of parts for classic Triumph TR vehicles. It's a specialist business, offering everything from engine rebuilds and axle strengthening to bespoke design and manufacturing. The site highlights a long history, dating back to 1985, and emphasizes expertise in museum-grade restorations and self-play system integrations. It even has a showroom in Harrods, London. The website's blog and product listings showcase a wide range of parts and services, catering to a passionate community of classic car enthusiasts.

Financially, Racetorations Ltd’s numbers present a mixed picture. Current assets decreased by 6.2% to £420,000, while net assets increased by 18% to £180,000. Bank borrowings have decreased, with overdrafts dropping by 12% and non-financial instruments decreasing by 45%. Creditors also decreased by 17%, suggesting improved debt management. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The company’s decline in debtors, dropping 78%, could be a cause for concern, potentially indicating payment delays or a shift in credit policies. The company’s focus on a niche market—classic Triumph TR vehicles—provides a degree of insulation from broader economic trends, but the financial numbers suggest that the business is facing some challenges. It's a tight operation, and it’s clear that the company is relying on its expertise and reputation to maintain its position in the market.

Registered in England/Wales under the registration number 03614038, with a registered address at DN21 1FJ, Lincolnshire, Caldicott Drive, Gainsborough.

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