Road & Race Restorations Ltd

Road & Race Restorations Ltd, based in Little Hulton, UK, is a small, holding company with an active status. Established eighteen years ago in 2006, it employs twenty-eight people and holds assets valued at £1,249,369. The company, managed by five directors and one owner, maintains a real address and boasts a stellar 5.0 Google rating based on 160 reviews. It’s a regular importer of vehicles, parts, and accessories—the latest shipment arriving in January 2023.

The company’s website showcases a specialist car body repair business, operating from two locations in Manchester and Cheshire. It's a Porsche Centre recommended repairer for several areas, and also approved by VW, Audi, Seat, Skoda, and Cupra. The business offers accident repairs, paint protection, and restoration services, and even features a racing division. It's clear the company is focused on prestige vehicle repairs, catering to a high-end clientele.

Financially, Road & Race Restorations Ltd presents a mixed picture. Current assets remain steady at £1,200,000, but net assets have decreased slightly. Bank borrowings have decreased significantly, falling to £75,000, while cash reserves have also declined. Creditors have increased, suggesting a possible need for improved cash flow management. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The unaudited financial statements, which don't mention an auditor, show a company holding steady but facing some financial pressures. It seems like the business is doing well, but it could benefit from better management of its cash flow.

Registered in England/Wales under the registration number 05936450, with a registered address at M38 9ST, United Kingdom, Little Hulton, Manchester, Unit 9 Highfield Trading Estate, Highfield Road.

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