RED BULL POWERTRAINS 2026 LIMITED
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Cash
£238K
-35.3% vs 2023
Net assets
£13M
+1,277.2% vs 2023
Employees
565
+54.8% vs 2023
Profit before tax
£9.2M
+25% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £117,111,000 | £139,836,000 | +19.4% | |
| Operating profit | £7,359,000 | £9,162,000 | +24.5% | |
| Profit before tax | £7,351,000 | £9,192,000 | +25% | |
| Net profit | £6,984,000 | £13,985,000 | +100.2% | |
| Cash | £368,000 | £238,000 | -35.3% | |
| Total assets less current liabilities | £10,479,000 | £19,671,000 | +87.7% | |
| Net assets | -£1,095,000 | £12,890,000 | +1,277.2% | |
| Equity | -£1,095,000 | £12,890,000 | +1,277.2% | |
| Average employees | 365 | 565 | +54.8% | |
| Wages | £32,674,000 | £42,207,000 | +29.2% | |
| Directors' remuneration | — | £443,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.3% | 6.6% | |
| Net margin | 6.0% | 10.0% | |
| Return on capital employed | 70.2% | 46.6% | |
| Gearing (liabilities / total assets) | 100.4% | 95.7% | |
| Current ratio | 0.15x | 0.16x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis as the directors believe there will be sufficient cash available to meet liabilities as and when they fall due for a period of 12 months from when the financial statements were authorised for issue. The Company's ultimate parent undertaking, Red Bull GmbH, confirmed to the directors that it has no plans or intentions to discontinue the provision of sponsorship income within the next 12 months from the date of signing and will not request the repayment of intercompany loans unless the Company has the facilities to repay them.”
Significant events
- “At the start of 2023, Red Bull Powertrains 2026 announced a key strategic partnership with the Ford Motor Company. This partnership, along with the continued support from the wider Red Bull GmbH Group, enables the continued investment in both the facilities and talent required to implement an operation capable of delivering a best in class power unit, to be used in the Formula One World Championship from 2026 onward.”
- “Development of Red Bull's own power unit has continued in 2024, with performance milestones achieved, which will power Oracle Red Bull Racing and Visa Cash App Racing Bulls in the Formula One World Championship from 2026 onwards.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEKIES, Laurent Philippe | Director | 2025-08-28 | Apr 1977 | French |
| REW, Alistair David | Director | 2022-05-25 | Oct 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HORNER, Christian | Director | 2022-05-25 | 2025-08-12 |
| MARKO, Helmut, Dr | Director | 2022-05-25 | 2025-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mark Mateschitz | Individual | Shares 25–50% | 2023-04-14 | Active |
| Mr Dietrich Mateschitz | Individual | Shares 25–50% | 2022-05-25 | Ceased 2023-04-14 |
Filing timeline
Last 18 of 18 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-23 MA Memorandum articles
- 2025-09-18 MA Memorandum articles
- 2025-08-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | MA | incorporation | Memorandum articles | |
| 2025-09-18 | MA | incorporation | Memorandum articles | |
| 2025-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-07-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-20 | CH01 | officers | Change person director company with change date | |
| 2022-06-06 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-05-25 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.