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PRODRIVE COMPOSITES LIMITED

Dissolved Birmingham

Manufacture of other parts and accessories for motor vehicles

129 employees
Manufacture of other parts and accessories for motor vehicles
P

PRODRIVE COMPOSITES LIMITED

Manufacture of other parts and accessories for motor vehicles

Founded 7 Sept 2011 Dissolved Birmingham, United Kingdom 129 employees
Manufacture of other parts and accessories for motor vehicles
Accounts Submitted
Confirmation Statement Submitted 25 Nov 2024
Net assets £-212.00K £1.87M 2023 year on year
Total assets £4.87M £538.00K 2023 year on year
Total Liabilities £5.08M £2.41M 2023 year on year
Charges 11
3 outstanding 8 satisfied

AI Analysis

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Contact & Details

Contact

Update Details

Registered Address

6th Floor, Bank House Cherry Street Birmingham B2 5AL

Credit Report

Discover PRODRIVE COMPOSITES LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£247.00k

Increased by £73.00k (+42%)

Net Assets

-£212.00k

Decreased by £1.87M (-113%)

Total Liabilities

£5.08M

Increased by £2.41M (+90%)

Turnover

£9.77M

Decreased by £1.60M (-14%)

Employees

129

Increased by 15 (+13%)

Debt Ratio

104%

Increased by 42 (+68%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£14k awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

14 Allotments 14 Shares £8.95m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
4 Apr 20241£0£0
4 Apr 20241£0£0
4 Apr 20241£0£0
4 Apr 20241£0£0
2 Jul 20211£0£0

Officers

Officers

3 active 12 resigned
Status
David BellisDirectorBritishEngland3512 Dec 2022Active
David Pender RichardsDirectorBritishEngland7321 Jul 2015Active
Tim Mark ColchesterDirectorBritishEngland5427 Jan 2014Active

Shareholders

Shareholders (22)

Warren Roberts
10.6%
12,95025 Nov 2024
Warren Roberts
0.9%
1,13025 Nov 2024
Warren Roberts
0.0%
125 Nov 2024

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Prodrive Holdings Ltd

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Bgf Gp Limited

United Kingdom

Active
Notified 1 Oct 2017
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Bgf Investments Lp

Ceased 1 Oct 2017

Ceased
See All Controllers

Group Structure

Group Structure

PRODRIVE (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, appoint/remove directors
BGF GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BGF GROUP PLC united kingdom significant influence or control
PRODRIVE INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS FUNDS INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UBERIOR INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
RBS SME INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
HSBC (BGF) INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PRODRIVE TOPCO LIMITED united kingdom shares 25 to 50 percent
BARCLAYS EQUITY HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
RICHARDS FAMILY HOLDINGS LIMITED united kingdom
RBS AA HOLDINGS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS PRINCIPAL INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC HOLDINGS PLC united kingdom
LLOYDS BANKING GROUP PLC united kingdom
NATWEST GROUP PLC united kingdom
BARCLAYS PLC united kingdom
PRODRIVE COMPOSITES LIMITED Current Company

Charges

Charges

3 outstanding 8 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
28 Jul 2025InsolvencyLiquidation Voluntary Appointment Of LiquidatorView(3 pages)
28 Jul 2025InsolvencyLiquidation Voluntary Removal Of Liquidator By CourtView(22 pages)
13 Mar 2025InsolvencyLiquidation Disclaimer NoticeView(5 pages)
13 Mar 2025InsolvencyLiquidation Voluntary Statement Of AffairsView(14 pages)
7 Mar 2025InsolvencyLiquidation Disclaimer NoticeView(5 pages)
28 Jul 2025 Insolvency

Liquidation Voluntary Appointment Of Liquidator

View Document(3 pages)
28 Jul 2025 Insolvency

Liquidation Voluntary Removal Of Liquidator By Court

View Document(22 pages)
13 Mar 2025 Insolvency

Liquidation Disclaimer Notice

View Document(5 pages)
13 Mar 2025 Insolvency

Liquidation Voluntary Statement Of Affairs

View Document(14 pages)
7 Mar 2025 Insolvency

Liquidation Disclaimer Notice

View Document(5 pages)

Recent Activity

Latest Activity

Liquidation Voluntary Appointment Of Liquidator

6 months ago on 28 Jul 2025

Liquidation Voluntary Removal Of Liquidator By Court

6 months ago on 28 Jul 2025

Liquidation Disclaimer Notice

10 months ago on 13 Mar 2025

Liquidation Voluntary Statement Of Affairs

10 months ago on 13 Mar 2025

Liquidation Disclaimer Notice

10 months ago on 7 Mar 2025