Canoe-tec Limited

Canoe Tec Ltd from Linlithgow UK: small company, holding company, active status, founded 5 years ago, 2 employees, £107,297 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 1 reviews. Regular importer of toys, games, and sports equipment (28 months imported). It’s a small, family-run business operating as a holding company, with a solid 5.0 Google rating from a single review. Founded five years ago, the company employs just two people and holds £107,297 in assets, operating from a real address in Linlithgow.

Canoe Tec’s core business revolves around the distribution of watersports equipment. Their website showcases a partnership with Galasport, a manufacturer of slalom kayaks and canoes, and also features Hiko Sport, a brand specializing in watersports clothing and equipment. The site’s extensive product range includes everything from paddles and helmets to buoyancy aids and dry tops, catering to a niche market of slalom enthusiasts, kayakers, and canoeists. The website also provides detailed information on product design, materials, and ordering processes, suggesting a focus on technical expertise and customer support.

Financially, Canoe Tec Ltd presents a mixed picture. Cash reserves have decreased by nearly 30% to £33,000, while bank borrowings have increased significantly. Trade debtors have also risen sharply, indicating potential delays in customer payments. However, creditors have decreased by 30%, which could be a sign of improved debt management. The company's small size—meeting two of three conditions to be considered small—helps it maintain agility, but the decrease in equity is something to keep an eye on. The company is exempt from an audit, so the financial statements are unaudited.

While the company seems to be doing well with its core business of distributing watersports equipment, the financial numbers suggest a need for careful management. It's a tight-knit operation with a strong focus on its niche market, but the future will depend on its ability to navigate these financial pressures.

Registered in Scotland under the registration number SC653680, with a registered address at EH49 6QW, Scotland, Linlithgow, Shed 8 Preston Farm, Preston Road.

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