Hitech Grand Prix Limited
Active09317976Arts & recreationIncorporated 19 Nov 2014 · Silverstone
The principal activity of the company in the year under review was that of an international motorsport racing team competing in FIA Formula 2, FIA Formula 3 and Formula 4 championships. The Company also operates an applied technologies division.
Revenue
£26.2m
▼ -13.9% vs prior ~12m period
Profit after tax
£941k
Margin 3.0%
Employees
70
▲ +20.7% vs prior ~12m period
Net assets
£7.0m
Total assets £16.9m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
Dec 2022Not available
Dec 2023
£30.4m
Dec 2024
£26.2m▼ -13.9%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £26.2m | ▼ -13.9% | £670k | 70 | £7.0m |
| 31 Dec 2023 | £30.4m | — | £1.1m | 58 | £6.1m |
| 31 Dec 2022 | — | — | — | — | £4.9m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £26.2m
- Gross profit
- £9.9m
- Operating profit
- £786k
- Profit before tax
- £670k
- Profit after tax
- £941k
Balance sheet
- Total assets
- £16.9m
- Cash
- £639k
- Total liabilities
- £9.9m
- Net assets
- £7.0m
- Revenue per employee
- £374k
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