Benwick Sports Limited

Benwick Sports Ltd, based in St. Ives, UK, is a small, active family business founded ten years ago in 2014. With ten employees and £835,480 in assets, it operates from a virtual address – a point to note as twenty-two companies share the same location. The company is led by five directors and owned by Crane Andrew Roy and Crane June Patricia. It’s a regular exporter of toys, games, and sports equipment, with three months of export activity recorded, the last in May 2024, but an irregular importer, with just two months of import activity as of October 2023. The business specializes in retail sales of sports goods, fishing gear, camping goods, boats, and bicycles.

The company’s website, Benwick Sports Angling Centre, is a fully functional e-commerce platform showcasing a wide range of fishing tackle and accessories. It’s clear the business prioritizes its online presence, offering categories like poles, reels, floats, luggage, and clothing, alongside new products and brands. A "Shop Tour" and detailed product descriptions highlight the company's expertise and commitment to customer service. The website also mentions a long-standing history, having been trading for over 35 years, and prides itself on being the largest supplier of pole floats in the UK.

Financially, Benwick Sports Ltd shows a mixed picture. Current assets increased by 5.9% to £840,000, while net assets rose by 17% to £510,000. However, bank borrowings increased significantly, and cash reserves decreased by 16% to £290,000. Creditors decreased slightly, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The company’s losses deepened to -£130,000, and the company has not been audited.

In conclusion, Benwick Sports Ltd appears to be navigating a period of change. While its online presence and product range are strong, the financial results indicate a need for careful management.

Registered in England/Wales under the registration number 09261955, with a registered address at PE27 5BH, St. Ives, Cambridgeshire, The Station House, 15 Station Road.

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