Prodrive Automotive Technology (Europe) Limited
Private Limited Company · Banbury
ActiveUnited KingdomIncorporated 1996Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£259,000
Cash
£613,000
Turnover
£10,794,000
Profit / loss
−£1,602,000
Current assets
£3,877,000
Creditors < 1 year
£3,724,000
Equity
£259,000
Average employees
99
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £259,000 | £1,861,000 |
| Equity | £259,000 | £1,861,000 |
| Retained earnings | £259,000 | £1,861,000 |
| Assets | ||
| Fixed assets | £371,000 | £484,000 |
| Intangible assets | £4,000 | — |
| Property, plant & equipment | £367,000 | £484,000 |
| Current assets | £3,877,000 | £4,611,000 |
| Cash at bank | £613,000 | £461,000 |
| Debtors | £2,239,000 | £2,991,000 |
| Stock | £1,025,000 | £1,159,000 |
| Liabilities | ||
| Creditors within one year | £3,724,000 | £1,701,000 |
| Creditors after one year | £29,000 | £91,000 |
| Provisions | £236,000 | £1,442,000 |
| Net current assets | £153,000 | £2,910,000 |
| Assets less current liabilities | £524,000 | £3,394,000 |
| Profit & loss | ||
| Turnover | £10,794,000 | £11,518,000 |
| Cost of sales | £7,100,000 | £6,857,000 |
| Gross profit | £3,694,000 | £4,661,000 |
| Distribution costs | £45,000 | £50,000 |
| Administrative expenses | £5,796,000 | £5,328,000 |
| Operating profit | −£2,147,000 | −£717,000 |
| Interest payable | £15,000 | £12,000 |
| Profit before tax | −£2,162,000 | −£729,000 |
| Tax | −£560,000 | — |
| Profit / loss | −£1,602,000 | −£729,000 |
| Operating costs | ||
| Depreciation | £135,000 | £118,000 |
| Amortisation | £19,000 | £2,000 |
| Operating lease charges | — | £8,000 |
| People & pay | ||
| Average employees | 99 | 56 |
| Staff costs | £6,492,000 | £2,866,000 |
| Wages & salaries | £5,397,000 | £2,451,000 |
| Social security costs | £699,000 | £288,000 |
| Pension costs | — | £93,000 |
| Directors' remuneration | £132,000 | — |
| Highest paid director | £132,000,000 | — |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Prodrive (Holdings) Limited
- Ultimate parent
- Prodrive Topco Limited
- Ultimate controlling party
- D P Richards
- Accounts
- FRS 102
- Approved
- 2026-06-10, signed by T M Colchester
Subsidiaries (2)
- Prodrive Engineering Limited · 100% · Prodrive Headquarters, Chalker Way, Banbury, Oxfordshire, OX16 4XD
- Prodrive Advanced Technologies Limited · 100% · Prodrive Headquarters, Chalker Way, Banbury, Oxfordshire, OX16 4XD
Turnover by segment (10)
- Sales of goods: 5,487 (000s) (2025-12-31)
- Rendering of services: 5,307 (000s) (2025-12-31)
- United Kingdom: 9,033 (000s) (2025-12-31)
- Rest of Europe: 1,243 (000s) (2025-12-31)
- Rest of the world: 518 (000s) (2025-12-31)
- Sales of goods: 10,511 (000s) (2024-12-31)
- Rendering of services: 1,007 (000s) (2024-12-31)
- United Kingdom: 10,551 (000s) (2024-12-31)
- Rest of Europe: 257 (000s) (2024-12-31)
- Rest of the world: 710 (000s) (2024-12-31)
Related parties (13)
- Prodrive (Holdings) Limited · Immediate parent · Purchases · 1,743 (000s)
- Prodrive (Holdings) Limited · Immediate parent · Debtors · 535 (000s)
- Prodrive Motorsport Limited · Related party · Purchases · 115 (000s)
- Prodrive Motorsport Limited · Related party · Sales · 961 (000s)
- Prodrive Motorsport Limited · Related party · Debtors · 49 (000s)
- Prodrive Motorsport Limited · Related party · Creditors · 9 (000s)
- Prodrive Ventures Limited · Related party · Sales · 58 (000s)
- Prodrive Composites Limited · Related party · Creditors · 124 (000s)
- The Hummingbird Bicycle Company Limited · Related party · Sales · (1) (000s)
- HCI Systems Limited · Related party · Purchases · 24 (000s)
- HCI Systems Limited · Related party · Creditors · 26 (000s)
- ELM Mobility Limited · Related party · Sales · 84 (000s)
- Prodrive Engineering Limited · Related party · Purchases · - (000s)
Borrowings (1)
- Finance leases and hire purchase contracts · 136 (000s) · Within one year: 107; between 1–2 years: 29; between 2–5 years: - · secured on Secured against the assets to which they relate
Share classes (1)
- 2 Ordinary A of £1 each
Events after the year end (1)
- There have been no significant events affecting the Company post year end.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
3 outstanding chargesUnknown · created 2016-09-05
—
OutstandingAll Assets · created 2016-07-28
—
OutstandingAll Assets · created 2016-08-02
—
OutstandingShow 3 satisfied / released
All Assets · created 2001-05-17 · satisfied 2016-07-29
All monies
SatisfiedIntellectual Property · created 2001-05-17 · satisfied 2016-07-29
All monies
SatisfiedAll Assets · created 1997-05-27 · satisfied 2016-07-29
All monies
Satisfied