Ross Fonternel Associates Limited
Bilsport Limited is 50% owned by Ross Fonternel Associates Limited which is registered in the UK. At the balance sheet date, included within other creditors due after more one year is an amount of £258,780 (2023 - £212,000) due by the company to Ross Fonternel Associates Limited. This loan is unsecured, interest free with no fixed terms of repayment.
Jelgave Limited
Bilsport Limited is 25% owned by Jelgave Limited which is registered in the UK. At the balance sheet date, included within other creditors due after more one year is an amount of £Nil (2023 - £106,000) due by the company to Jelgave Limited. This loan is unsecured, interest free with no fixed terms of repayment.
Selgave Limited
Bilsport Limited is 25% owned by Selgave Limited which is registered in the UK. At the balance sheet date, included within other creditors due after more one year is an amount of £Nil (2023 - £106,000) due by the company to Selgave Limited. This loan is unsecured, interest free with no fixed terms of repayment.
Enable Trading Limited
The directors of Bilsport Limited are also directors of Enable Trading Limited which is registered in the UK. At the balance sheet date, included within other creditors due after more one year is an amount of £320,000 (2023 - £nil) due by the company to Enable Trading Limited. This loan is unsecured, interest free with no fixed terms of repayment.