Austasia Leisure Uk Limited

Austasia Leisure Uk Ltd, based in London, is a small, active company established 22 years ago. With a single employee and £487,674 in assets, the company generates £412,003 in yearly revenue. It operates from a virtual address, a detail flagged by the presence of 30 companies registered at the same location. The business is managed by three directors and one owner, and features an e-commerce site. Austasia Leisure is an irregular exporter, primarily dealing in footwear and related items, with one month of export activity recorded in May 2024.

The company’s website, AL Brands UK, functions as an independent online sportswear retailer and stockist, offering well-known brands like Adidas, Nike, and Puma. It provides a range of footwear and clothing at competitive prices, including free UK postage. The site’s design and product range suggest a focus on appealing to a broad audience seeking quality sportswear. It even has a physical presence with a store in Whetstone, London.

Financially, Austasia Leisure Uk Ltd presents a mixed picture. While turnover increased by a healthy 40% to £410,000, profits plummeted to -£50,000 – a significant reversal from the previous year’s £3,500 profit. Cash reserves have grown to £4,300, a positive sign, but bank borrowings have increased substantially by 170%, reaching -£15,000. Creditors have also risen significantly, by 93%, to £210,000. The company’s small size—meeting two of three criteria for a small business—allows for flexibility, but the substantial loss and increased debt raise concerns about its financial health. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 04730830, with a registered address at N12 9DA, England, London, Building 2 30 Friern Park.

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