Bouncewear Uk Ltd

Bouncewear UK Ltd, based in London, is a small, active company founded two years ago. With a single employee and £286,889 in assets, it operates a thriving e-commerce site and has earned a perfect 5.0 Google rating from 14 reviews. The company is run by two directors and one owner, and boasts a real registered address. It’s an irregular importer of footwear and related items, with its last import operation taking place two months ago in September 2023.

Bouncewear specializes in the wholesale and retail of basketball equipment, clothing, and footwear. Its website showcases a wide range of products, including performance shoes from brands like Jordan, Nike, Puma, and Adidas, as well as NBA apparel and accessories. It also offers a range of lifestyle clothing and gear, catering to both on-court and off-court style. The website has a blog and offers a loyalty program.

Financially, Bouncewear UK Ltd’s recent performance presents a mixed picture. While cash reserves have increased dramatically by 5400%, jumping to £5,500, other key indicators show a concerning trend. Net losses deepened significantly, reaching -£81,000. Trade creditors have ballooned by a staggering 2500%, reaching £440,000, and debtors have increased by 1700%, reaching £20,000. Intangible assets have also increased by 310%, reaching £47,000. The company's small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the substantial increase in liabilities suggests it's burning through cash. The company is exempt from an audit, so the figures are unaudited.

It’s clear Bouncewear is a popular online retailer with a strong brand reputation, but its recent financial trends indicate a need to carefully manage its liabilities and improve cash flow.

Registered in England/Wales under the registration number 14094473, with a registered address at WC2N 5BY, United Kingdom, London, United Kingdom (Gb), 8 Northumberland Avenue.

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