Angling Spirit Ltd

Angling Spirit Ltd from Emsworth UK: a small, active company founded 14 years ago, employs five people, and holds £204,076 in assets. It's a real address with three directors and two owners, and boasts a perfect 5.0 Google rating based on one review. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago in August 2021.

The company operates in the freshwater fishing industries, organising international events and environmental initiatives. Its website highlights the World Carp Classic, the biggest and most prestigious carp angling event globally, and the newer World Predator Classic. Angling Spirit positions itself as promoting angling responsibly and upholding the true spirit of international competition, with a focus on best practice and sportsmanship. The ethos is to make a difference and be a positive influence on the angling world.

Financially, Angling Spirit Ltd shows some concerning trends. Cash reserves have fallen dramatically by 67%, dropping to £81,000. Current assets have also decreased significantly, falling 51% to £200,000. Bank borrowings have increased slightly, and trade debtors have plummeted by 88%, suggesting potential difficulties collecting payments. However, creditors have decreased by 85%, which could indicate improved debt management. The company meets two of the three criteria to be considered small, and the lack of an auditor suggests reliance on unaudited statements. It's clear that the company is facing some financial headwinds, but its focus on high-profile events and responsible angling could help it navigate these challenges.

Registered in England/Wales under the registration number 07281172, with a registered address at PO10 8BP, England, Emsworth, Unit 6 Emsworth Marina, Thorney Road.

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