Angling Supplies Limited

Angling Supplies Limited is a small, active family business based in Halesowen, UK. Founded fifteen years ago in 2009, it employs four people and holds £87,282 in assets. The company operates from a virtual address – ninety-one other companies are registered at the same location – and is managed by two directors and owners, Barnett Paul and Barnett Claire. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import activity recorded one month ago in January 2025.

The company’s website, Pauls Angling Supplies, showcases a wide range of fishing tackle, from rods and reels to clothing and accessories. It operates as an online retailer, offering mail order and internet sales to customers seeking fishing equipment. The site boasts a diverse selection, catering to various fishing styles, including sea, fly, coarse, and carp fishing. The website is well-stocked and easy to navigate, with clear product categories and competitive pricing.

Financially, Angling Supplies Limited presents a mixed picture. Current assets have decreased by 11% to £87,000, while net assets have fallen 31% to £120,000. Bank borrowings have increased significantly, reaching £27,000, and cash reserves have declined by 17% to £66,000. Creditors have also decreased by 9.2%, suggesting some improvements in debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned indicates it’s likely exempt from an audit as a small company.

Overall, Angling Supplies Limited seems to be navigating a period of financial adjustment. While the online retail operation appears active and well-stocked, the decline in equity raises questions about its long-term sustainability. The company’s family-run structure and focus on niche products could provide a competitive advantage, but careful management of its finances will be crucial for future success.

Registered in England/Wales under the registration number 07020930, with a registered address at B63 3TT, Halesowen, West Midlands, Church Court, Stourbridge Road.

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