Boldcube Ltd

Boldcube Ltd, based in High Wycombe, UK, is a small, active company founded eight years ago in 2017. With a single employee and £477,713 in assets, it operates from a real address and is led by one director and two owners—a solo founder at its core. The business runs an e-commerce site specializing in scooters and related accessories for children. It regularly imports toys, games, and sports equipment, with 7 months of import activity recorded, the latest in November 2024. It has also dabbled in exporting these items, with just one month of export activity as of May 2024.

The company's website, BOLDCUBE Scooters, showcases a wide range of scooters, balance bikes, and accessories for children of all ages. The site emphasizes fast delivery, a variety of payment options (including Bitcoin and Apple Pay), and a commitment to customer support. It also features a blog with helpful articles on scooter safety and maintenance—a nice touch for building trust and expertise.

Financially, Boldcube Ltd presents a mixed picture. Current assets have fallen by 35% to £480,000, and net assets have plummeted 87% to just £7,500. Bank borrowings have decreased by 60% to £40,000, and cash reserves have dropped 72% to £32,000. Creditors have also fallen by 60% to £40,000, which is a positive sign. 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 for flexibility, but the significant drop in equity raises concerns. No auditor is mentioned, meaning the figures are unaudited.

Overall, Boldcube Ltd seems to be facing some financial headwinds. While its e-commerce platform appears active and well-presented, the financials suggest a company burning through cash. Whether it can sustain its growth trajectory remains to be seen—but its focus on a niche market and commitment to customer service could provide a buffer against these challenges.

Registered in England/Wales under the registration number 10662782, with a registered address at HP13 6XP, United Kingdom, High Wycombe, 207 Bowerdean Road.

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