PRODRIVE VENTURES LIMITED - Profile & Financials

Accounts Submitted 26 Sept 2025

Confirmation Statement Submitted 23 Jun 2025

Net assets £-849.08K £359.57K 2024 year on year

Total assets £339.95K £16.38K 2024 year on year

Total Liabilities £1.19M £375.95K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Prodrive Headquarters Chalker Way Banbury Oxfordshire OX16 4XD

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£6.27k

Decreased by £112.63k (-95%)

Net Assets

-£849.08k

Decreased by £359.57k (-73%)

Total Liabilities

£1.19M

Increased by £375.95k (+46%)

Turnover

N/A

Employees

Decreased by 1 (-33%)

Debt Ratio

350%

Increased by 99 (+39%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 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

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

2 active 3 resigned

Show resigned officers

						Status
David Pender Richards	Director	British	England	73	13 Jan 2014	Active
Tim Mark Colchester	Director	British	England	54	27 Jan 2014	Active

Shareholders

Shareholders (2)


Prodrive (holdings) Limited	100.0%	1,250	Ordinary	3 Jul 2024
Tim Mark Colchester	0.0%	0	Ordinary	3 Jul 2024

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Prodrive (holdings) Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent

David Pender Richards

British

Active

Notified 6 Apr 2016

Residence England

DOB June 1952

Nature of Control

Right To Appoint And Remove Directors As Firm
Significant Influence Or Control

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Group Structure

PRODRIVE (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, appoint/remove directors

PRODRIVE 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

RICHARDS FAMILY HOLDINGS LIMITED united kingdom

PRODRIVE VENTURES LIMITED Current Company

ELM MOBILITY LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

THE HUMMINGBIRD BICYCLE COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
26 Sept 2025	Other	Audit exemption statement of guarantee by parent company for period ending 31/12/24	View(3 pages)
26 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(11 pages)
26 Sept 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 31/12/24	View(1 page)
26 Sept 2025	Accounts	Annual accounts filed	View(56 pages)
23 Jun 2025	Confirmation Statement	Confirmation statement made on 2025-06-22 with no updates	View(3 pages)