Ambition Motorsport Limited goes into liquidation
Liquidation Company no. 11634625 Incorporated Oct 2018 ME postcode area
C/O BTG BEGBIES TRAYOR (CENTRAL) LLP, Innovation Centre Medway Maidstone Road, Chatham, ME5 9FD
The most recent insolvency notice for Ambition Motorsport Limited is an Appointment of liquidators (CVL), published 22 July 2026 in The London Gazette. The office holders are Bai Cham (IP No. 18052); Gavin Savage (IP No. 9950), appointed 14 July 2026. Its last accounts filed at Companies House, to 31 December 2022, showed total assets of £36k and net assets of £50k. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
Last filed balance sheet
As at 31 December 2022 · micro entity accounts · unaudited · filed 43 months before the first insolvency notice
Total liabilities is not shown for this company: the filed balance sheet did not reconcile against the figures we could read, so the total would be incomplete.
Average employees during the period: 1
Insolvency notices (2)
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Appointment of liquidators (CVL) 22 Jul 2026
AMBITION MOTORSPORT LIMITED has been placed into creditors' liquidation and Bai Cham and Gavin Savage of BTG Begbies Traynor have been appointed as liquidators on 14 July 2026.
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Resolution for winding up (CVL) 22 Jul 2026
Ambition Motorsport Limited resolved at a members’ meeting on 14 July 2026 to be voluntarily wound up and appointed Bai Cham and Gavin Savage of BTG Begbies Traynor as joint liquidators.
Owed money by Ambition Motorsport Limited?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
Related guidance
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What the public record showed for this company before its insolvency notice:
- Its most recent accounts were 43 months old when the first insolvency notice was published.
- Its accounts were overdue at Companies House.
Each of these is visible months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Frequently asked questions
Is Ambition Motorsport Limited in liquidation?
The most recent insolvency notice for Ambition Motorsport Limited (company no. 11634625) is a Appointment of liquidators (CVL), published 22 July 2026 in The London Gazette. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
What were Ambition Motorsport Limited's last filed accounts?
Ambition Motorsport Limited's last accounts filed at Companies House, to 31 December 2022, showed total assets of £36k, net assets of £50k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Ambition Motorsport Limited have?
Ambition Motorsport Limited has 2 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (CVL) on 22 July 2026.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.