Challenge (europe) Limited

Challenge Europe Ltd, based in Bedfordshire, UK, is a small holding company with an active status, having been founded 22 years ago in 2003. Employing six people and holding assets of £896,305, it operates from a real address and is overseen by three directors and one owner. The company irregularly imports iron or steel products (just two months of imports recorded, the last in 2023) but regularly exports them (63 months of exports, the last in February 2025). Its core business involves the supply of fasteners – nuts, bolts, screws, and washers – as detailed on its website, Challenge Europe Products. The website also features a custom service packages section, indicating potential bespoke offerings.

Challenge Europe Products operates as an online retailer, offering a wide range of fasteners and related products. The site’s design is functional, prioritizing product listings and technical specifications. A blog section provides informative content on fastener selection and applications, suggesting a focus on technical expertise. The company’s Google rating is 4.8 stars, indicating positive customer experiences. It also has a partnership with a local manufacturing company.

Financially, Challenge Europe Ltd presents a mixed picture. Current assets have fallen by 31% to £900,000, while net assets have also declined by 30% to £730,000. Cash reserves have taken a hit, falling 54% to £330,000. Trade debtors have remained relatively stable, while creditors have decreased by 21% to £230,000. Borrowings have increased significantly, by 2400%, reaching £29,000. 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 agility, but the decline in equity warrants attention. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Challenge Europe Ltd appears to be navigating a period of financial pressure, with declining cash reserves and increased borrowing. However, its established export business and positive online presence suggest resilience, and the company's focus on fasteners and custom service packages could provide a solid foundation for future growth.

Registered in England/Wales under the registration number 04715830, with a registered address at MK41 0EP, Bedfordshire, Unit 13 Shuttleworth Road, Goldington.

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