Rm Racing Electronics Ltd

Rm Racing Electronics Ltd, based in Wirral, UK, is a small, active company founded eight years ago in 2016. With a single employee and £15,458 in assets, it operates from a virtual address shared by many other businesses—a bit suspicious, really. The company is led by a solo founder and director, Rocha Matos Rafael, and runs an e-commerce site specializing in engine performance parts. It’s an irregular importer, with its top category being optical and medical tools, though just one month of import activity was recorded back in 2020.

The website showcases a diverse range of products, from standalone ECUs and ignition coilpacks to engine sensors and fly-by-wire controllers. It caters to automotive enthusiasts and motorsport professionals, offering solutions for engine remapping, ECU installation, and custom engine management strategies. The site’s blog features articles on topics like tuning VE tables, the evolution of standalone ECUs, and the benefits of electronic throttle control—showing a clear focus on technical expertise and customer education. They even have a section dedicated to Mazda MX5s, a popular choice amongst motorsports enthusiasts.

Financially, things are a little mixed. Cash bank on hand has fallen a staggering 66%, dropping to just £13,000. Bank borrowings have also decreased by 39%, sitting at £3,900. Creditors have seen a significant drop, decreasing by 85%, which is a good sign. However, current assets have also plummeted 61%, down to £15,000. Equity, though, has increased by a substantial 86%, reaching £7,300. The company's small size (meeting two of three conditions for a small company) helps it remain agile, but the decrease in cash reserves is something to watch. There's no mention of an auditor, which is typical for a small, exempt company.

Overall, Rm Racing Electronics Ltd seems to be navigating a challenging financial landscape. While its e-commerce site and technical expertise suggest a solid foundation, the fluctuating financials indicate a company that's potentially burning through money. It’s a small operation, but it’s got a lot of ambition—hopefully, it can sustain its growth.

Registered in England/Wales under the registration number 10418131, with a registered address at CH41 1LD, England, Wirral, Twelve Quays House, Egerton Wharf.

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