Tim Vaughan Racing Limited
- Small
- Active
- 19 years
- 16 employees
- £451,826 (assets)
- Virtual address
- 3 directors
- 2 owners
- Irregular importer
- Family business
- Rating 5.0 (18)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Tim Vaughan Racing Limited, based in Bridgend, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2006, the company employs sixteen people and holds £451,826 in assets. It operates from a virtual address, a detail worth noting as nineteen companies are registered at the same location. With three directors and two owners, the business is managed by a close-knit team. Google reviews are stellar, boasting a 5.0 rating from eighteen reviews. The company is an irregular importer, primarily dealing with iron or steel products, with the last import operation recorded one month ago in March 2023.
The company's website reveals its core business: training racehorses. Pant Wilkin Stables, home to Tim Vaughan Racing for fifteen years, offers top-class facilities amidst the Welsh countryside. The website highlights a strong training record, with fourteen winners in 2024/25, and emphasizes an unparalleled ownership experience. The site also features a piano restoration business, 1066 Pianos, which is a little unusual. The website even has a section for holiday lodges for owners to use.
Financially, Tim Vaughan Racing Limited shows some concerning trends. Current assets have fallen by 27% to £450,000, while net assets have dropped 10% to £1.4 million. Bank borrowings have decreased significantly by 64%, reaching just £14,000, and cash reserves have vanished, leaving just £7. Creditors have also decreased by 8.3%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp drop in equity raises questions. The company is exempt from an audit, so the figures are unaudited.
Overall, Tim Vaughan Racing Limited is facing some financial headwinds despite its strong reputation and positive customer reviews. The business appears to be holding steady, but the financial data suggests a need for careful management and perhaps a reevaluation of import strategies.
Registered in England/Wales under the registration number 05750992, with a registered address at CF31 1BE, Wales, Bridgend, Mid Glamorgan, Court House, Court Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 7
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
-
Resident of United Kingdom
-
Individual
- 19 years
- 5
-
Resident of United Kingdom
-
Individual
- 19 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-03-21 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
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Confirmation statement made on 2024-03-21 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Tim Vaughan Racing Limited
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