Rodin Motorsport Limited

Rodin Motorsport Limited, based in Croydon, UK, is a large holding company with an active status. Established fifteen years ago in 2009, the company employs 52 people and holds assets worth £2,897,531. Its yearly revenue reached £11,322,564. While it has a registered address, it's likely a virtual one, as thirty-five companies share the same location. The company is overseen by two directors and has one owner, boasting a stellar 5.0 Google rating from fourteen reviews. Rodin Motorsport regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 26 months of import activity and 22 months of export activity recorded.

The company’s website paints a picture of a racing powerhouse, dedicated to nurturing young talent and providing a platform for aspiring drivers. It's a motorsport team focused on junior racing series, including British F4, Spanish F4, GB3, F1 Academy, Formula 3, and Formula 2. The site highlights its alumni, many of whom have gone on to successful careers in Formula 1, IndyCar, WTCC, and DTM. Current F1 drivers like Lando Norris, George Russell, and Carlos Sainz are among the company’s graduates. The website's primary function is to promote the team and its services, rather than direct e-commerce.

Financially, Rodin Motorsport shows some concerning trends. While turnover increased by a healthy 90%, reaching £11,322,564, net assets plummeted 99%, landing at a concerning -£11,000,000. Bank borrowings surged by a massive 86%, reaching £8,000,000, and cash reserves increased by a remarkable 2700%, reaching £370,000. Creditors, however, also increased by 130%, reaching £1,700,000. The company’s large size (meeting two of three criteria for a large company) suggests a substantial operation, but the significant equity decline and increased borrowings raise questions. The lack of an auditor mentioned in the report suggests the company is exempt from an audit, meaning the figures are unaudited.

In conclusion, Rodin Motorsport is a significant player in the junior racing scene, but its financial health appears fragile. The company’s success in developing racing talent is undeniable, but the recent financial trends suggest it may be burning through cash. Whether the company can sustain its operations and continue to nurture young drivers remains to be seen.

Registered in England/Wales under the registration number 07047095, with a registered address at CR0 0YN, England, Croydon, Suffolk House, George Street.

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