Rennsport Ltd

Rennsport Ltd from Moreton-In-Marsh UK: a small, active company founded twelve years ago, employs five people, and holds £826,773 in assets. With a real address, two directors, and a solo founder (Cockell Paul Andrew), it boasts a stellar 5.0 Google rating from twelve reviews. The company regularly imports vehicles, parts, and accessories (excluding trains or trams), with its last import operation occurring in November 2024.

The company’s website showcases a specialization in creating bespoke Porsche 911 restomods, a niche market appealing to discerning car enthusiasts. Located in the Cotswolds, Rennsport focuses on crafting unique vehicles, offering customized body shapes, materials, and finishes. The website details a meticulous process, from initial concept to final build, highlighting the use of hand-crafted steel bodyshells and rearmounted flat-six engines. Customer testimonials praise the personalized experience and the exceptional quality of the finished product.

Financially, Rennsport Ltd’s report presents a mixed picture. While current assets decreased by 14% to £830,000, net assets increased by 53% to £290,000. Bank borrowings increased by 27% to £55,000, and cash reserves dropped by 79% to £4,000. Creditors decreased by 11%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in cash reserves warrants attention. No auditor is mentioned, reflecting the company’s exemption as a small entity. The company's net losses deepened from -£10,000 to -£23,000, while trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000.

Registered in England/Wales under the registration number 08287019, with a registered address at GL56 0JQ, England, Moreton-In-Marsh, Units 7-9 Cotswold Business Village,, London Road.

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