A1 Sports Group Ltd

A1 Sports Group Ltd, based in Chelmsford, UK, is a small, active company founded six years ago in 2019. It employs just two people and holds £58,862 in assets. The company operates from a virtual address, registered at a location shared by 358 other businesses, and is run by a single director and owner, Elms Christopher John. It has an e-commerce site and irregularly imports clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of July 2021. The company’s website describes it as operating in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles.

The company's website, while not extensively detailed, confirms its focus on sports equipment retail. It's an e-commerce business, offering a range of sporting goods, fishing gear, and camping supplies. The site’s presence suggests a direct-to-consumer sales model, leveraging online platforms to reach customers.

Financially, A1 Sports Group Ltd presents a mixed picture. While current assets increased by 92% to £59,000, net assets decreased by 18% to -£170,000. Bank borrowings increased by 3300%, reaching £180,000, and cash reserves fell 92% to £21,000. Trade debtors increased by 82%, suggesting delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant equity decline raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, A1 Sports Group Ltd is facing financial pressure. Its e-commerce focus and lean operation offer potential, but the negative equity and rising debt suggest a need for careful management.

Registered in England/Wales under the registration number 12009299, with a registered address at CM3 5NG, England, Chelmsford, Essex, 46 Hullbridge Road, South Woodham Ferrers.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.