{"name":"RACING GREEN ENGINEERING LIMITED","company_number":"04874814","status":"Active","type":"Private Limited Company","incorporated":"2003-08-21","dissolved":null,"registered_office":"Ty Nant, 16a Cwmfelin Road Bynea, Llanelli, Dyfed, SA14 9LR","postcode":"SA14 9LR","sic_codes":[{"code":29100,"description":"Manufacture of motor vehicles"}],"principal_activity":"The principal activity of the company is that of renovating classic cars.","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":18,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":1879588,"cash":8892,"average_employees":18},{"financial_date":"2024-12-31","net_assets":1905347,"cash":7816,"average_employees":19},{"financial_date":"2023-12-31","net_assets":1829665,"cash":86},{"financial_date":"2022-12-31","net_assets":1763876,"cash":181},{"financial_date":"2021-12-31","net_assets":1578201,"cash":1088}],"officers":{"current":3,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2026-09-15","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Racing Green Engineering has built a credible and profitable niche in classic car restoration, evidenced by 20+ years of trading and £1.86M in accumulated retained earnings. However, the business operates with critically thin cash reserves against rising liabilities and an inventory-heavy model that creates concentration risk in an illiquid asset class. The immediate strategic priority must be strengthening working capital management—particularly accelerating debtor collection and introducing milestone-based billing—to convert demonstrated profitability into operational resilience.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/racing-green-engineering","people":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/people","filing_history":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04874814","financials":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/financial","gazette":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/gazette","control":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/control","charges":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/racing-green-engineering/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/racing-green-engineering"}