Rally Preparation Services Ltd

Rally Preparation Services Ltd from Witney UK: small company, active status, founded 16 years ago, 11 employees, £176,317 assets, real address, 2 directors, 3 owners, family business, solo founder, google rating 5.0 based on 26 reviews. Regular importer of optical and medical tools and devices (15 months imported). It’s a car restoration service based in Witney, England, offering a range of services from rally preparation to classic car restoration and driver training. The company, registered at OX29 0YB, England, Witney, Oxfordshire, Unit 8 Cotswold Business Park, Range Road, operates a website showcasing its expertise in rally car builds and restoration projects, and even offers a car storage service. They also have a store selling rally equipment and parts.

The company’s website highlights its services for rally enthusiasts, including preparation, driver and navigator training, and even a brokerage for buying and selling rally cars. They also restore classic cars, attending to every detail, and offer secure vehicle storage near the Cotswolds. They have a good reputation, with several positive testimonials from satisfied customers who’ve participated in events like the Peking to Paris rally.

Financially, Rally Preparation Services Ltd has experienced some shifts. Average number of employees has increased by 45% to 16, which is a significant jump. Cash bank on hand has decreased by 53% to £69,000, and corporation tax payable has increased dramatically to £24,000. Debtors have also increased significantly, by 79% to £85,000. On the positive side, creditors have decreased by 6.9%, and net assets have increased by 34% to £150,000. The company is considered a small business, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Rally Preparation Services Ltd appears to be a thriving, albeit small, business. The increase in employees suggests growth, but the decrease in cash reserves and increase in tax payable could indicate some financial pressures. The company's focus on a niche market—rally car preparation and classic car restoration—and its strong reputation should help it navigate these challenges.

Registered in England/Wales under the registration number 06844952, with a registered address at OX29 0YB, England, Witney, Oxfordshire, Unit 8 Cotswold Business Park, Range Road.

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