ken555
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| posted on 20/10/15 at 07:54 AM |
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Westfield for sale ? - not car the company
Looks like it ?
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Dick Axtell
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| posted on 20/10/15 at 08:30 AM |
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Westfield Sports Cars are owned by Potenza Sports Cars Ltd., who also have the GTM brand. It'll be very interesting to see who it really is.
!0,000 cars already sold, according to the sales pitch, and many overseas. That limits the field.
Work-in-Progress: Changed to Zetec + T9. Still trying!!
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Ugg10
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| posted on 20/10/15 at 08:59 AM |
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Could be Caterham again ???
According to "how many left" there are approx. 2.7k Westfields licensed or sorn and 4k Caterhams in the UK.
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1968 Ford Anglia 105e, 1.7 Zetec SE, Mk2 Escort Workd Cup front end, 5 link rear
Build Blog - http://Anglia1968.weebly.com
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Doctor Derek Doctors
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| posted on 20/10/15 at 10:40 AM |
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I would assume that its Cateraham now that the F1 team has died and Fernandes has given up on that.
Designer and Supplier of the T89 Designs - Single Seater Locost. Build you own Single Seater Racecar for ~£5k.
Plans and Drawings available, U2U or e-mail for details.
Available Now: The Sports Racer Add-On pack, Build a full bodied Sports Racer for Trackdays, Sprints and Racing.
www.t89.co.uk
www.racecarwings.co.uk
callan@t89.co.uk
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NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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SCAR
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| posted on 20/10/15 at 11:15 AM |
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Westfield cars net worth according to Company Check £-1.7million
Might not be a good buy
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loggyboy
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| posted on 20/10/15 at 11:37 AM |
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I suspect its a random kit manufacturer that is simply inflating there sales figures to make the prospect sound better!
Mistral Motorsport
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Ugg10
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| posted on 20/10/15 at 11:48 AM |
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DJ Sportscars may be another option - they have just (or in the process of) offloaded the Rush car and they are coming under pressure from XCS for the
top end of the Cobra scene in the UK.
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1968 Ford Anglia 105e, 1.7 Zetec SE, Mk2 Escort Workd Cup front end, 5 link rear
Build Blog - http://Anglia1968.weebly.com
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SCAR
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| posted on 20/10/15 at 11:57 AM |
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Don't think you would describe cobra replicas as popular for track and racing. Could it be Sylva as I heard Jeremy was looking to retire?
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chillis
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| posted on 20/10/15 at 12:21 PM |
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Westfield don't really have a global dealer network so either its bullcrap or its Caterham.
Never under estimate the ingenuity of an idiot!
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SJ
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| posted on 20/10/15 at 02:16 PM |
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Turnover: £189,000
That's about 20 Caterhams. I'm sure they sell more than that per year.
[Edited on 20/10/15 by SJ]
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jimmyjoebob
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| posted on 20/10/15 at 03:20 PM |
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Marcos?
If at first you don't succeed, hide all evidence you ever tried!
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Fandango
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| posted on 20/10/15 at 03:23 PM |
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Could just email them, and find out.
"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me." Hunter S Thompson
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SCAR
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 posted on 20/10/15 at 07:22 PM |
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Just noticed it says Turnover £189,000 with a Net profit of £127,000
WHAT? Manufacturing kit cars? 60% net? put some butter on my hat!
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SJ
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| posted on 20/10/15 at 07:28 PM |
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I spotted the margins as well. I bet it isn't the full story.
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jeffw
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| posted on 20/10/15 at 07:29 PM |
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I would guess this is Sylva Autokits. If you include all the licensed models over the years 10K is about right.
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rdodger
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| posted on 20/10/15 at 09:43 PM |
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If that turnover is accurate I would say it's way too high for Sylva. Far too low for Caterham and Westfield.
Is the clue in the advert?
Great British Sportscars would be my guess.
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jeffw
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| posted on 21/10/15 at 08:49 AM |
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Sylva have been around a long time and, if you include RAW & Fisher, would be up at the 10K level.
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Andy S
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| posted on 21/10/15 at 10:45 AM |
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quote:
Originally posted by rdodger
If that turnover is accurate I would say it's way too high for Sylva. Far too low for Caterham and Westfield.
Is the clue in the advert?
Great British Sportscars would be my guess.
I would imagine its £1.9M turnover and someone just missed a zero off as that's a more reasonable 6% net margin. It would also tie in with a
typical turnover for someone like a Westfield sized brand. £20-30K cars - it's about a 100 cars or so a year. Westfield state almost the same
information on their own website 12,000 cars, global dealer network.
Nice bit of industry speculation - 
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SCAR
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| posted on 21/10/15 at 12:32 PM |
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If one of the figures is wrong its a pith poor effort when advertising a company for sale, they only had two numbers to get right!
I suspect you may be correct
[Edited on 21/10/15 by SCAR]
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