Ultima Sports Limited

Ultima Sports Ltd from Hinckley, UK, is a small holding company with an active status, established 32 years ago in 1992. The company employs six people and holds assets totaling £2,259,384. It operates from a virtual address, managed by three directors and two owners, and regularly imports and exports vehicles, parts, and accessories (excluding trains and trams) – 44 months of imports and 167 months of exports.

The company’s website showcases a fascinating blend of heritage and high-performance engineering. Ultima Sports designs and builds hand-built supercars, with a strong emphasis on the iconic RS and Evolution models. The site details a rich history, including collaborations with McLaren and a string of world speed records. Beyond the new models, the website highlights restoration services, a customer resource portal, and even merchandise, indicating a commitment to building a community around the brand. The website is very detailed and clearly targets a niche market of car enthusiasts.

Financially, Ultima Sports Ltd presents a mixed picture. While cash reserves increased by a healthy 9.3% to £2.1 million, other key metrics tell a different story. Net assets increased by 66% to £2.8 million, but current assets only increased by 3.8% to £2.3 million. Bank borrowings surged by 3.4% to £10,000, and trade debtors fell by 60% to £60,000. Perhaps most concerning is the 70% decrease in corporation tax recoverable to £34,000. 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 decline in tax recovery warrants attention. The accounts are unaudited, a common practice for small companies.

Overall, Ultima Sports Ltd appears to be a resilient company, though it's facing some financial headwinds. The company’s focus on high-performance vehicles and its strong brand heritage should help it navigate these challenges, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 02771950, with a registered address at LE10 1AP, England, Hinckley, Leicestershire, 25 Station Road.

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