Rocketeer Ltd

Rocketeer Ltd is a small, active company from Whitchurch, UK, established twelve years ago in 2013. It’s a solo founder operation with one director and one employee, holding assets of £55,581. The company operates from a real address and is engaged in importing and exporting vehicles, parts, and accessories (excluding trains and trams), with six months of import activity and sixteen months of export activity.

The company’s website reveals a unique business model: specializing in high-performance Mazda MX5 conversions. Rocketeer Ltd takes standard MX5s and replaces the engine with a 3.0 V6, offering a significant upgrade in power and performance. The website showcases the conversion process, highlighting the craftsmanship and attention to detail involved. It also features testimonials from satisfied customers and press reviews praising the company’s work. The website’s design is clean and professional, with a focus on showcasing the quality of the conversions. It's clearly an ecommerce business, selling directly to customers seeking a premium MX5 experience.

Financially, Rocketeer Ltd presents a mixed picture. Current assets have decreased by 25%, falling to £56,000, while net assets have also declined, though less dramatically, by 12% to -£39,000. Bank borrowings have increased by a substantial 56%, reaching £14,000, and cash reserves have been impacted. Trade creditors have increased significantly by 59%, suggesting perhaps a reliance on supplier credit. 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 flexibility, but the decrease in equity and increased debt raises questions about its long-term sustainability. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company. The company’s focus on a niche market and high-end conversions may help it weather financial challenges, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 08426258, with a registered address at RG28 7JL, England, Whitchurch, Hampshire, Unit 2 Southfield Farm.

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