MVDC Racing Ltd
Registered name: MVDC RACING LTD
MVDC Racing Ltd made £16.8k revenue and a £295k loss in the year to 31 Oct 2024.
MVDC Racing Ltd’s revenue grew 1240% to £16.8k in the year to 31 Oct 2024, with a loss of £295k and 0 employees. The company is classified under “other sports activities” and is based in Sevenoaks; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Sevenoaks, South East
- Age
- 4 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £1.3k | £16.8k |
| Profit after tax | — | −£16.6k | −£295k |
| Profit (best available) | — | −£16.6k | −£295k |
| Staff costs | — | £0 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | −1326% | −1760% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲1240% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £15.6k | £32.1k | −£327k |
| Fixed assets | £4.7k | £3.2k | £3.6k |
| Current assets | £3.2k | £258 | £37.9k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −1760%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼1117%
- Now −£327k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲14%
- Now £3.6k
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£295k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.