Steller Motorsport Ltd

Steller Motorsport Ltd, based in Tingewick, UK, is a small, active company founded five years ago in 2019. With £478,969 in assets and a real address at Steller Technical Centre, it operates with two directors and two owners, boasting a stellar 5.0 Google rating from just three reviews. The company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 14 months of import activity recorded, the last in January 2025.

The company’s website reveals a broader scope than initially apparent. While presenting itself as a group of companies – Steller Motorsport, Steller Engineering, and Runway 42 – the core business revolves around motorsport engineering and performance. Steller Motorsport specifically focuses on customer race teams, announcing plans to run two Corvette Z06 GT3.Rs across multiple championships in 2025. The website highlights its capabilities in design, building, and developing winning race cars, with a focus on providing services to teams of all sizes. It also features a separate division, Runway 42, specializing in bespoke engine software.

Financially, Steller Motorsport Ltd presents a mixed picture. While cash bank on hand surged a staggering 15,000%, reaching £310,000, current assets overall decreased by 24% to £480,000. Creditors ballooned by an impressive 1,800%, reaching £1.8 million, and net assets plummeted to -£610,000, a significant downturn. Trade debtors increased by 160%, suggesting potential delays in customer payments. 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 large increase in creditors and negative equity raise concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite these financial pressures, Steller Motorsport’s focus on high-performance motorsport engineering and its partnership with Corvette Racing suggest a commitment to a specialized niche. The company’s ability to secure contracts and maintain a strong online presence will be crucial for its future success.

Registered in England/Wales under the registration number 12325946, with a registered address at MK18 4JA, England, Tingewick, Buckinghamshire, Steller Technical Centre Finmere Aerodrome, Barton Road.

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