AP RACING LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-22 (in 2mo)

Last made up 2025-07-08

Watchouts

None on the register

Cash

£9M

+55.9% vs 2023

Net assets

£37M

+13.7% vs 2023

Employees

185

+9.5% vs 2023

Profit before tax

£9M

+23.3% vs 2023

Name history

Renamed 1 time since incorporation

AP RACING LIMITED 1999-07-15 → present
FORCEDUAL LIMITED 1999-06-24 → 1999-07-15

Net assets

2-year trend · vs Consumer Discretionary median

AP RACING LIMITED·Consumer Discretionary median · n=5592

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£64,576,000	£69,223,000
Operating profit	£6,824,000	£8,333,000
Profit before tax	£6,936,000	£8,555,000
Net profit	£5,306,000	£6,236,000
Cash	£5,999,000	£9,352,000
Total assets less current liabilities	£33,835,000	£38,680,000
Net assets	£32,437,000	£36,885,000
Equity	£32,437,000	£36,885,000
Average employees	169	185
Wages	£8,188,000	£9,625,000

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Operating margin	10.6%	12.0%
Net margin	8.2%	9.0%
Return on capital employed	20.2%	21.5%
Current ratio	2.92x	3.49x
Interest cover	126.37x	203.24x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis: FRS 101
Reporting scope: Standalone (parent only)
Auditor: Deloitte LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“On this basis and as at the time of signing the accounts, the directors see a stable 12-24 months coming with new products and long term projects agreed in preliminary stages. Based on the order book and projects in progress combined with 2025 performance, directors continue to adopt going concern basis for preparing annual report and accounts.”

Group structure

AP RACING LIMITED · parent
1. AP Racing North America Corporation 100% · USA · business development and technical support services

Significant events

“On the 6 February 2025, a dividend of £4,000,000 was agreed to be paid to the parent company Brembo N.V by the end of 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 25 resigned

Name	Role	Appointed	Born	Nationality
CRUST, Edward James, Dr	Secretary	2015-07-31	—	—
ALMONDO, Mario	Director	2017-04-10	Sep 1964	Italian
CRUST, Edward James, Dr	Director	2015-07-31	Nov 1977	British
HAMBLIN, David	Director	2018-06-11	Nov 1980	British
PAZZI, Andrea	Director	2018-12-19	Jul 1968	Italian
SIGNORI, Alberto	Director	2021-01-01	Mar 1972	Italian

Show 25 resigned officers

Name	Role	Appointed	Resigned
CREW, Robert Paul	Secretary	2000-07-26	2008-07-28
GOODWIN, Lee David	Secretary	1999-10-25	2000-07-26
GOVERN, Aaron Michael	Secretary	2008-07-28	2015-07-31
ROY, Susan Elisabeth	Secretary	1999-07-09	1999-10-25
SWIFT INCORPORATIONS LIMITED	Corporate Nominee Secretary	1999-06-24	1999-07-09
BARKER, Norman John	Director	2001-01-18	2010-02-03
BAYLEY, Martin George	Director	2001-01-18	2012-10-15
BOLTON, Charles Robert	Director	2005-10-28	2016-09-30
BUCKMASTER, Adrian Charles, Viscount	Director	1999-10-25	2000-07-26
CESARINI, Riccardo	Director	2006-03-16	2017-02-28
CLARK, Richie	Director	1999-07-09	1999-10-25
CLARKE, Stephen John	Director	2016-10-01	2018-06-08
CONNOLLY, Kevin Brian	Director	1999-10-25	2000-07-26
FERRARI, Paolo	Director	2009-07-28	2020-12-31
GOVERN, Aaron Michael	Director	2001-01-18	2015-07-31
MENNELL, Nicholas	Director	2001-01-18	2006-12-23
MONETINI, Stefano	Director	2000-07-26	2006-03-16
MORETTI, Dario	Director	2012-07-18	2018-12-19
ORSI, Corrado	Director	2006-03-16	2009-05-15
ROVARO, Guido	Director	2004-03-05	2006-03-16
ROY, Susan Elisabeth	Director	1999-07-09	1999-10-25
TIRABOSCHI, Matteo	Director	2006-03-16	2012-07-18
VAVASSORI, Roberto	Director	2000-07-26	2006-03-16
WINGROVE, Mark	Director	2000-01-01	2007-12-31
INSTANT COMPANIES LIMITED	Corporate Nominee Director	1999-06-24	1999-07-09

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Alberto Signori	Individual	Significant influence	2021-01-01	Active
Mr Andrea Pazzi	Individual	Significant influence	2018-12-19	Active
Mr David Hamblin	Individual	Significant influence	2018-06-11	Active
Mr Mario Almondo	Individual	Significant influence	2017-04-10	Active
Mr Stephen John Clarke	Individual	Significant influence	2016-10-01	Ceased 2018-06-08
Mr Paolo Ferrari	Individual	Significant influence	2016-04-06	Ceased 2020-12-31
Mr Dario Moretti	Individual	Significant influence	2016-04-06	Ceased 2018-12-19
Mr Riccardo Cesarini	Individual	Significant influence	2016-04-06	Ceased 2017-02-28
Mr Charles Robert Bolton	Individual	Significant influence	2016-04-06	Ceased 2016-09-30
Dr Edward James Crust	Individual	Significant influence	2016-04-06	Active
Brembo N.V.	Corporate entity	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 157 total filings

Date	Type	Category	Description
2025-08-01	AA	accounts	Accounts with accounts type full
2025-07-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-09-29	AA	accounts	Accounts with accounts type full
2024-07-25	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-07-25	PSC05	persons-with-significant-control	Change to a person with significant control	PDF
2023-10-06	AA	accounts	Accounts with accounts type full
2023-07-11	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-07-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-07-07	AA	accounts	Accounts with accounts type full
2021-09-28	AA	accounts	Accounts with accounts type full
2021-07-17	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-01-21	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF
2021-01-21	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2021-01-21	TM01	officers	Termination director company with name termination date	PDF
2021-01-21	AP01	officers	Appoint person director company with name date	PDF
2020-12-29	AA	accounts	Accounts with accounts type full
2020-07-22	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2019-09-04	AA	accounts	Accounts with accounts type full
2019-07-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2019-07-02	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+7.2%

£64,576,000 £69,223,000
Cash

+55.9%

£5,999,000 £9,352,000
Net assets

+13.7%

£32,437,000 £36,885,000
Employees

+9.5%

169 185
Operating profit

+22.1%

£6,824,000 £8,333,000
Profit before tax

+23.3%

£6,936,000 £8,555,000
Wages

+17.6%

£8,188,000 £9,625,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page