AG MOTORSPORT LTD
Company number SC309479 · Monitor this company
Executive summary
AG Motorsport Ltd is a technically insolvent business that has traded with negative net assets for nearly a decade, but has shown encouraging recovery from a severe deterioration in 2022 — improving from -£74,237 to -£19,137 in shareholders' funds by 2024. The current ratio of 0.62:1 indicates significant short-term vulnerability, with £159,545 due to creditors within one year against only £99,437 in current assets. While the business appears operationally viable with stable employment, its survival depends on continued creditor forbearance and shareholder support. A targeted capital injection and working capital improvement program are essential to restore genuine financial health.
Shareholders' funds
£14,023
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-10-02
- Employees
- 6 (2025 accounts · was 5 in 2024)
- Registered office
- Unit9 Moorfield North Industrial Park, Kilmarnock, Scotland, KA2 0FE
- Postcode
- KA2 0FE
- Capital
- 1,000 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-11-01
- Next due by
- 2026-11-15
Nature of business (SIC)
- 45200 Maintenance and repair of motor vehicles
Officers 3 current · 3 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA905864 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 8A MOORFIELD NORTH INDUSTRIAL PARK, KILMARNOCK, AYRSHIRE, KA2 0FE, UNITED KINGDOM | 2008-11-27 |
| UNIT B, 62 GALSTON ROAD, HURLFORD, KA1 5HY | 2008-08-27 |
Among its peers
Among the biggest employers
of 112 similar companies in KA, with 6 staff. Among the oldest 25% of its local peers.
Competitors Ayr
This company ranks 59 among maintenance and repair of motor vehicles in Ayr.
The class of 2006
53%
of the 1,294 companies in this sector incorporated in 2006 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.