Prodrive

OverviewSuggest Edit

Prodrive is one of the world’s leading motorsport and advanced technology businesses with more than 500 staff at our headquarters in the UK and our composites manufacturing facility in Milton Keynes. While we are perhaps best known for motorsport, today it is just one part of an organisation which has diversified to become an advanced technology business working in a range of sectors including automotive, aerospace, marine and defence. Indeed, today, our engineers are working on everything from control systems for the Land Rover BAR America's Cup yacht to the next European Space Agency mission to Mars. If you would like to work in a stimulating and challenging environment on a wide variety of projects then we would like to hear from you.
TypePrivate
Founded1984
HQBanbury, GB
Websiteprodrive.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Apr 2021)371
Revenue (FY, 2001)£39.6 M(+29%)
Cybersecurity ratingBMore

Key People/Management at Prodrive

David Richards

David Richards

Chairman
Tim Colchester

Tim Colchester

Chief Operating Officer
John Gaw

John Gaw

Managing Director, Motorsport
Warren Roberts

Warren Roberts

Managing Director, Composites
Carl Ball

Carl Ball

Managing Director, Brand&
Sue Scarf

Sue Scarf

HR Director
Show more

Prodrive Office Locations

Prodrive has offices in Banbury, Buckinghamshire, Milton Keynes, Warwickshire and in 2 other locations
Banbury, GB (HQ)
Banbury Oxfordshire
Milton Keynes, GB
Milton Keynes Buckinghamshire
Northampton, MA, US
Northampton, MA, USA
Warwick, RI, US
Warwick, RI, USA
Show all (6)

Prodrive Financials and Metrics

Summary Metrics

Founding Date

1984

Prodrive total Funding

$9.4 m

Prodrive latest funding size

$9.35 m

Time since last funding

6 years ago

Prodrive investors

Prodrive's latest funding round in August 2015 was reported to be $9.4 m. In total, Prodrive has raised $9.4 m
Show all financial metrics

Prodrive Revenue

Prodrive's revenue was reported to be £39.61 m in FY, 2001
GBP

Net income (FY, 2013)

5.0m

EBITDA (FY, 2013)

269.0k

EBIT (FY, 2013)

269.0k
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013

Revenue

25.9m22.4m29.2m30.8m39.6m

Cost of goods sold

16.1m14.0m18.7m19.3m26.2m

Gross profit

9.8m8.3m10.5m11.4m13.4m

Gross profit Margin, %

38%37%36%37%34%
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014

Cash

1.6m1.6m3.0m2.0m4.1m

Accounts Receivable

4.7m3.0m2.9m5.6m3.8m

Inventories

4.1m3.0m3.7m5.1m4.0m

Current Assets

11.5m8.2m10.5m13.3m13.9m3.6m5.3m6.0m6.8m4.8m5.3m5.4m5.5m5.5m3.5m5.2m1.7m1.7m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013

Net Income

(266.0k)604.0k1.2m1.7m2.0m801.0k1.2m594.0k434.0k(685.0k)5.9m(308.0k)(244.0k)(192.0k)8.7m7.9m5.0m

Cash From Operating Activities

1.3m1.8m4.2m795.0k7.0m

Dividends Paid

155.0k55.0k257.0k5.9m394.0k10.8m8.1m4.3m

Cash From Financing Activities

858.0k(547.0k)(481.0k)(1.4m)(1.2m)
GBPFY, 1997

Debt/Equity

0.3 x

Financial Leverage

6.6 x
Show all financial metrics

Prodrive Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Prodrive Online and Social Media Presence

Embed Graph

Prodrive News and Updates

Bahrain inks Prodrive deal to enter team in Dakar Rally from 2021

Prodrive International car will challenge in the top level T1 class in next year's race in Saudi Arabia

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Prodrive Frequently Asked Questions

  • When was Prodrive founded?

    Prodrive was founded in 1984.

  • Who are Prodrive key executives?

    Prodrive's key executives are David Richards, Tim Colchester and John Gaw.

  • How many employees does Prodrive have?

    Prodrive has 371 employees.

  • Who are Prodrive competitors?

    Competitors of Prodrive include MV Transportation, Ashok Leyland and DELFINGEN.

  • Where is Prodrive headquarters?

    Prodrive headquarters is located at Banbury Oxfordshire, Banbury.

  • Where are Prodrive offices?

    Prodrive has offices in Banbury, Buckinghamshire, Milton Keynes, Warwickshire and in 2 other locations.

  • How many offices does Prodrive have?

    Prodrive has 6 offices.