Racing Legends Ltd

Racing Legends Ltd, based in Cranleigh, UK, is a small, active company established seven years ago. With a single employee and £17,861 in assets, it operates from a real address and is overseen by one director and owner. The company’s core business revolves around retail sales through mail order and online platforms, showcasing a diverse range of historic racing cars across ten series. From PreWar Sports Cars to GT3 Legends, the organization meticulously restores and races these iconic vehicles, catering to collectors, drivers, and enthusiasts alike. The company's website highlights events, awards, and a dedicated app for racing enthusiasts, emphasizing its commitment to preserving motorsport history.

The website reveals a focus on historic car racing, with a calendar of events spanning the year, including test days, races, and awards dinners. The company actively promotes its app, offering entry to races and discounts for members. The site also features news updates and a newsletter sign-up, indicating a desire to engage with its audience. It's clearly an ecommerce-focused operation, with a strong emphasis on event registration and membership sales.

Financially, Racing Legends Ltd presents a mixed picture. While cash reserves increased by 140% to £3,400, current assets decreased by 34% to £18,000. Creditors also declined by 36% to £16,000, suggesting improved debt management. However, equity decreased by 25% to £1,400, and merchandise fell by 43% to £14,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in equity could indicate a need for investment. The accounts are unaudited, and no auditor is mentioned, which is typical for companies of this size. The company's reliance on a single director and owner, Francis Benjamin Langham, could also pose a risk if he were to leave.

Registered in England/Wales under the registration number 11118032, with a registered address at GU6 7DJ, England, Cranleigh, C/O Symonds & Co Chartered Accountants Sunny Nook, Barhatch Road.

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