PROSPEED MOTORSPORT LIMITED Financials
- Company number
- 04393770CopyCopy
- Registered office
- Bell Hall, Escrick, York, Yorkshire YO19 6HL
- Incorporated
- 13/03/2002
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-12.23%vs 20232023: £-3.40M
Total Assets
0.92%vs 20232023: £1.26M
Cash in Bank
108.76%vs 20232023: £3.22K
Total Liabilities
9.18%vs 20232023: £4.66M
Employees
+1vs 20232023: 12
In 2024, PROSPEED MOTORSPORT LIMITED reported net assets of £-3.82M. The same filing shows total assets of £1.27M, cash in bank of £6.72K and total liabilities of £5.08M. Reported headcount was 13 in 2024. Total Liabilities rose from £4.66M in 2023 to £5.08M in 2024 (9.18%). 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
-12.23%from £-3.40M 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 PROSPEED MOTORSPORT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+590%vs 2022+163% a year compound (CAGR)
Total Assets
+124%vs 2022+49.8% a year compound (CAGR)
Total Liabilities
+49.5%vs 2022+22.3% a year compound (CAGR)
Employees
-23.5%vs 2022-4Biggest increase
Cash in Bank+590%
£973.00 in 2022 to £6.72K in 2024
Biggest decrease
Employees-23.5%
17 in 2022 to 13 in 2024
PROSPEED MOTORSPORT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROSPEED 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
- -301.00%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
- 401.00%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
- 0.13%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
- 0.53%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 PROSPEED 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£ | -2.37M | -2.83M | -3.40M | -3.82M |
| Total Assets£ | 520.08K | 565.03K | 1.26M | 1.27M |
| Cash in Bank£ | 7.82K | 973.00 | 3.22K | 6.72K |
| Total Liabilities£ | 2.89M | 3.40M | 4.66M | 5.08M |
| Employees | 16 | 17 | 12 | 13 |
PROSPEED MOTORSPORT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROSPEED MOTORSPORT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PROSPEED MOTORSPORT LIMITED reported net assets of £-3.82M for 2024. That compares with £-3.40M in 2023, a change of -12.23%.
PROSPEED MOTORSPORT LIMITED reported total assets of £1.27M for 2024. That compares with £1.26M in 2023, a change of 0.92%.
PROSPEED MOTORSPORT LIMITED reported cash in bank of £6.72K for 2024. That compares with £3.22K in 2023, a change of 108.76%.
PROSPEED MOTORSPORT LIMITED reported 13 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, PROSPEED MOTORSPORT LIMITED's cash in bank rose by 590%, total assets rose by 124%, total liabilities rose by 49.5% and employee numbers fell by 23.5%. Cash in bank compounded at 163% a year across the two years to 2024, from £973.00 to £6.72K. Reported headcount went from 17 in 2022 to 13 in 2024 (-4).
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.