Valley Motorsport Limited

Valley Motorsport Ltd from Market Drayton UK: small company, active status, founded 15 years ago, 10 employees, £665,978 assets, virtual address, 4 directors, 2 owners, google rating 4.0 based on 5 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (8 months imported). Valley Motorsport is a specialist in the restoration and development of the iconic Jaguar EType, a passion that started with Nigel Morris’s work on the Demon Tweeks race team. Founded in 2004 from a family garage, the business expanded in 2010, moving to North Wales and bringing Michelle and Dan Morris into the fold.

The company’s website showcases a high-end operation, focused on restoring classic Jaguar ETypes to both road and race specifications. They offer a range of services, from semi-lightweight road cars to race-ready machines, with options for customization. The site also highlights a busy schedule of motorsport events, with the team participating in various competitions. They also seem to be hiring, advertising for a vehicle restoration technician.

Financially, Valley Motorsport Ltd presents a mixed picture. While current assets increased by 18% to £670,000, equity dropped significantly by 26% to £780,000. Bank borrowings decreased by 11% to £530,000, and cash reserves fell 18% to £210,000. Creditors also increased by 7.6% to £330,000. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited. It’s worth noting that accrued liabilities have increased substantially, which could be a sign of increased costs or delayed payments. The company's reliance on a virtual address, shared by thirteen other companies, also raises some questions about its operational structure.

Registered in England/Wales under the registration number 07196290, with a registered address at TF9 1PD, Market Drayton, Shropshire, 7 Cheshire Street.

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