race transmission (products) limited
race transmission (products) limited Company Information
Company Number
09951755
Next Accounts
Nov 2025
Industry
Non-specialised wholesale trade
Shareholders
christopher john fell
antony raymond harris
Group Structure
View All
Contact
Registered Address
79 caroline street, birmingham, B3 1UP
Website
www.racetransmissions.co.ukrace transmission (products) limited Estimated Valuation
Pomanda estimates the enterprise value of RACE TRANSMISSION (PRODUCTS) LIMITED at £360.4k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).
race transmission (products) limited Estimated Valuation
Pomanda estimates the enterprise value of RACE TRANSMISSION (PRODUCTS) LIMITED at £0 based on an EBITDA of £-482k and a 3.88x industry multiple (adjusted for size and gross margin).
race transmission (products) limited Estimated Valuation
Pomanda estimates the enterprise value of RACE TRANSMISSION (PRODUCTS) LIMITED at £4.4m based on Net Assets of £1.6m and 2.75x industry multiple (adjusted for liquidity).
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Race Transmission (products) Limited Overview
Race Transmission (products) Limited is a live company located in birmingham, B3 1UP with a Companies House number of 09951755. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in January 2016, it's largest shareholder is christopher john fell with a 50% stake. Race Transmission (products) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Race Transmission (products) Limited Health Check
Pomanda's financial health check has awarded Race Transmission (Products) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£16m)
- Race Transmission (products) Limited
£16m - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (8.1%)
- Race Transmission (products) Limited
8.1% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
- Race Transmission (products) Limited
27.3% - Industry AVG
Profitability
an operating margin of -45.4% make it less profitable than the average company (5.1%)
- Race Transmission (products) Limited
5.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (38)
9 - Race Transmission (products) Limited
38 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Race Transmission (products) Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £119.9k, this is less efficient (£374.7k)
- Race Transmission (products) Limited
£374.7k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (50 days)
- Race Transmission (products) Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (32 days)
- Race Transmission (products) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Race Transmission (products) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1466 weeks, this is more cash available to meet short term requirements (16 weeks)
1466 weeks - Race Transmission (products) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (45.1%)
1.7% - Race Transmission (products) Limited
45.1% - Industry AVG
RACE TRANSMISSION (PRODUCTS) LIMITED financials
Race Transmission (Products) Limited's latest turnover from February 2024 is estimated at £1.1 million and the company has net assets of £1.6 million. According to their latest financial statements, Race Transmission (Products) Limited has 9 employees and maintains cash reserves of £790.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 9 | 10 | 9 | 11 | 10 | 10 | 6 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,199 | 24,486 | 15,488 | 18,142 | 22,313 | 15,522 | 20,783 | 8,486 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,199 | 24,486 | 15,488 | 18,142 | 22,313 | 15,523 | 20,784 | 8,487 |
| Stock & work in progress | 0 | 2,157,525 | 1,621,166 | 1,048,050 | 949,108 | 657,862 | 417,946 | 327,545 |
| Trade Debtors | 27,154 | 515,550 | 630,724 | 459,832 | 448,447 | 440,777 | 351,059 | 273,304 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 806,348 | 3,700 | 5,071 | 3,541 | 11,550 | 2,989 | 4,415 | 3,768 |
| Cash | 790,222 | 287,368 | 300,201 | 223,977 | 143,430 | 44,895 | 181,305 | 72,731 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,623,724 | 2,964,143 | 2,557,162 | 1,735,400 | 1,552,535 | 1,146,523 | 954,725 | 677,348 |
| total assets | 1,640,923 | 2,988,629 | 2,572,650 | 1,753,542 | 1,574,848 | 1,162,046 | 975,509 | 685,835 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,377 | 698,471 | 836,564 | 408,912 | 486,174 | 320,298 | 322,485 | 219,517 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,641 | 209,745 | 111,645 | 95,208 | 76,141 | 61,831 | 56,727 | 31,529 |
| total current liabilities | 28,018 | 908,216 | 948,209 | 504,120 | 562,315 | 382,129 | 379,212 | 251,046 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 6,122 | 3,872 | 3,447 | 4,239 | 2,794 | 3,949 | 0 |
| total long term liabilities | 0 | 6,122 | 3,872 | 3,447 | 4,239 | 2,794 | 3,949 | 0 |
| total liabilities | 28,018 | 914,338 | 952,081 | 507,567 | 566,554 | 384,923 | 383,161 | 251,046 |
| net assets | 1,612,905 | 2,074,291 | 1,620,569 | 1,245,975 | 1,008,294 | 777,123 | 592,348 | 434,789 |
| total shareholders funds | 1,612,905 | 2,074,291 | 1,620,569 | 1,245,975 | 1,008,294 | 777,123 | 592,348 | 434,789 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 7,679 | 9,112 | 7,144 | 7,030 | 6,946 | 5,261 | 5,840 | 268 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -2,157,525 | 536,359 | 573,116 | 98,942 | 291,246 | 239,916 | 90,401 | 327,545 |
| Debtors | 314,252 | -116,545 | 172,422 | 3,376 | 16,231 | 88,292 | 78,402 | 277,072 |
| Creditors | -681,094 | -138,093 | 427,652 | -77,262 | 165,876 | -2,187 | 102,968 | 219,517 |
| Accruals and Deferred Income | -199,104 | 98,100 | 16,437 | 19,067 | 14,310 | 5,104 | 25,198 | 31,529 |
| Deferred Taxes & Provisions | -6,122 | 2,250 | 425 | -792 | 1,445 | -1,155 | 3,949 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 1 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 502,854 | -12,833 | 76,224 | 80,547 | 98,535 | -136,410 | 108,574 | 72,731 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 502,854 | -12,833 | 76,224 | 80,547 | 98,535 | -136,410 | 108,574 | 72,731 |
race transmission (products) limited Credit Report and Business Information
Race Transmission (products) Limited Competitor Analysis
Perform a competitor analysis for race transmission (products) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B 3 area or any other competitors across 12 key performance metrics.
race transmission (products) limited Ownership
RACE TRANSMISSION (PRODUCTS) LIMITED group structure
Race Transmission (Products) Limited has 1 subsidiary company.
Ultimate parent company
RACE TRANSMISSION (PRODUCTS) LIMITED
09951755
1 subsidiary
race transmission (products) limited directors
Race Transmission (Products) Limited currently has 2 directors. The longest serving directors include Mr Christopher Fell (Jan 2016) and Mr Antony Harris (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Fell | 67 years | Jan 2016 | - | Director | |
| Mr Antony Harris | 65 years | Jan 2016 | - | Director |
P&L
February 2024turnover
1.1m
-77%
operating profit
-489.7k
0%
gross margin
27.3%
-1.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1.6m
-0.22%
total assets
1.6m
-0.45%
cash
790.2k
+1.75%
net assets
Total assets minus all liabilities
race transmission (products) limited company details
company number
09951755
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
79 caroline street, birmingham, B3 1UP
Bank
-
Legal Advisor
-
race transmission (products) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to race transmission (products) limited.
race transmission (products) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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race transmission (products) limited Companies House Filings - See Documents
| date | description | view/download |
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