MERCEDES-BENZ MOTORSPORT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-15 (in 7mo)
Last made up 2025-12-01
Watchouts
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
23
-34.3% vs 2023
Profit before tax
£652K
-94.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Profit before tax
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £24,405,804 | £16,616,159 | |
| Operating profit | £11,776,929 | £792,167 | |
| Profit before tax | £11,776,929 | £652,090 | |
| Net profit | £8,089,599 | £378,225 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | — | — | |
| Average employees | 35 | 23 | |
| Wages | £2,059,945 | £1,210,406 |
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 | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 48.3% | 4.8% | |
| Net margin | 33.1% | 2.3% | |
| Interest cover | — | 5.66x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which the Directors consider appropriate for the following reasons. The Company provides services to Mercedes-Benz Grand Prix Ltd and other associated companies, recharging all costs incurred plus a suitable mark up which provides considerable certainty as to future profitability and positive cash flow. As at the balance sheet date and the date the financial statements were approved, the Company has a significant cash balance and positive net assets. The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of the financial statements which indicates that the Company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the Directors are confident that the Company has sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “The Company also provided facilities management and maintenance services over three different locations. These activites were discontinued from 1st March 2024.”
- “On 31 December 2024, the Company was sold by Mercedes-Benz UK Holdings Ltd and acquired by Mercedes-Benz Grand Prix Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DONAGHY, Carrie | Secretary | 2024-12-31 | — | — |
| BRAITHWAITE, Russell | Director | 2020-12-02 | Sep 1974 | British |
| DONAGHY, Carrie | Director | 2024-12-31 | Apr 1988 | Irish |
| HOLYOAK, Chris | Director | 2024-12-31 | Aug 1972 | British |
| THOMAS, Robert | Director | 2024-12-31 | Oct 1968 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAND, John Graham | Secretary | 2021-03-30 | 2024-12-31 |
| HENN, Harald, Dr | Director | 2021-03-30 | 2023-11-30 |
| PIPPERGER, Wolfgang | Director | 2023-09-01 | 2024-12-31 |
| REPPERT, Olivier Henri Georges | Director | 2024-04-01 | 2024-12-31 |
| SAVAGE, Gary Mark | Director | 2021-03-30 | 2024-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mercedes-Benz Grand Prix Ltd | Corporate entity | Significant influence | 2024-12-31 | Active |
| Mercedes-Benz Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-02 | Ceased 2024-12-31 |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-13 | AA | accounts | Accounts with accounts type full | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
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
-31.9%
£24,405,804 £16,616,159
-
Cash
—
Not reported
-
Net assets
—
Not reported
-
Employees
-34.3%
35 23
-
Operating profit
-93.3%
£11,776,929 £792,167
-
Profit before tax
-94.5%
£11,776,929 £652,090
-
Wages
-41.2%
£2,059,945 £1,210,406
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