Belief Sports Ltd
- Small
- Active
- 13 years
- 9 employees
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Belief Sports Ltd, based in Caerphilly, UK, is a small, active company established thirteen years ago. With nine employees and a real address, it's a solo-founded operation led by a single director and owner, Najmi Ali Mohsin. The company regularly imports clothing and accessories made by knitting or crocheting, with twenty-one months of import activity recorded, and exports clothing and accessories (not knitted or crocheted) for three months. It operates within the wholesale of clothing and footwear industries.
The company’s website is not available, so it’s difficult to determine if Belief Sports Ltd operates an e-commerce site or functions purely as a wholesaler. Without a website, it’s hard to gauge its customer reach and online presence.
Financially, Belief Sports Ltd shows a mixed picture. Accumulated amortisation impairment intangible assets increased by 30%, driven by development costs, while accumulated depreciation impairment property plant equipment rose by 6% due to computer equipment. However, the number of average employees during the period decreased by 11%, from nine to eight. Bank borrowings decreased significantly, dropping 94% to £5,500, and cash bank on hand fell 14% to £9,900. Creditors decreased by 3.4%, suggesting better debt management, but trade debtors increased by 75%, which could indicate delayed payments or a shift in credit terms. Equity also decreased by 13%, dropping to £300,000, which is a concerning trend. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity decline warrants attention. The company’s unaudited financial statements are reviewed by an accountant, but no auditor is mentioned.
Registered in Wales under the registration number 07844689, with a registered address at CF83 1GA, Caerphilly, Dragon House, Bradford Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
Total exemption full accounts made up to 2023-12-30Download 11 pages pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Belief Sports Ltd
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