CARS MOTORSPORT LIMITED Financials
- Company number
- 05491206CopyCopy
- Registered office
- 2nd Floor 168 Shoreditch High Street, London E1 6RA
- Incorporated
- 27/06/2005
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
78.32%vs 20232023: £317.97K
Total Assets
23.10%vs 20232023: £2.34M
Cash in Bank
-26.62%vs 20232023: £80.09K
Total Liabilities
14.42%vs 20232023: £2.02M
Employees
+3vs 20232023: 20
In 2024, CARS MOTORSPORT LIMITED reported net assets of £566.99K. The same filing shows total assets of £2.88M, cash in bank of £58.77K and total liabilities of £2.32M. Reported headcount was 23 in 2024. Total Assets rose from £2.34M in 2023 to £2.88M in 2024 (23.10%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
78.32%from £317.97K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CARS MOTORSPORT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+21%vs 2022+10% a year compound (CAGR)
Cash in Bank
+42.8%vs 2022+19.5% a year compound (CAGR)
Total Assets
+51.1%vs 2022+22.9% a year compound (CAGR)
Total Liabilities
+60.9%vs 2022+26.8% a year compound (CAGR)
Employees
+27.8%vs 2022+5Biggest increase
Total Liabilities+60.9%
£1.44M in 2022 to £2.32M in 2024
Every indicator Okredo holds for CARS MOTORSPORT LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CARS MOTORSPORT LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 19.67%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 80.33%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 2.54%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.04%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CARS MOTORSPORT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -451.51K | 468.77K | 317.97K | 566.99K |
| Total Assets£ | 1.17M | 1.91M | 2.34M | 2.88M |
| Cash in Bank£ | 126.53K | 41.14K | 80.09K | 58.77K |
| Total Liabilities£ | 1.62M | 1.44M | 2.02M | 2.32M |
| Employees | 18 | 18 | 20 | 23 |
CARS MOTORSPORT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CARS MOTORSPORT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CARS MOTORSPORT LIMITED reported net assets of £566.99K for 2024. That compares with £317.97K in 2023, a change of 78.32%.
CARS MOTORSPORT LIMITED reported total assets of £2.88M for 2024. That compares with £2.34M in 2023, a change of 23.10%.
CARS MOTORSPORT LIMITED reported cash in bank of £58.77K for 2024. That compares with £80.09K in 2023, a change of -26.62%.
CARS MOTORSPORT LIMITED reported 23 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, CARS MOTORSPORT LIMITED's net assets rose by 21%, cash in bank rose by 42.8%, total assets rose by 51.1% and total liabilities rose by 60.9%. Net assets compounded at 10% a year across the two years to 2024, from £468.77K to £566.99K. Reported headcount went from 18 in 2022 to 23 in 2024 (+5).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.