Chilly Swim Ltd

Chilly Swim Ltd from London UK is a small, active company founded two years ago. It's a solo founder operation with one employee and £10,911 in assets, operating from a virtual address. The company has one director and one owner, and runs an e-commerce site.

The business focuses on outdoor swimwear and accessories, as evidenced by its website, the Outdoor Swimmer Shop. It’s a one-stop shop for adventurous people, offering a wide range of products from wetsuits and swimwear to bags and waterproof cases. The site highlights brands like A C Arctic Fox, and Chilly Swim, catering to open water swimmers, paddlers, and water sport enthusiasts. They champion small, unique British brands, emphasizing environmental and ethical values.

Financially, Chilly Swim Ltd shows a mixed picture. Net assets and liabilities are both at -£7,300, indicating a negative equity position. Cash bank on hand is at £1,400. Trade debtors increased by 143%, suggesting a potential issue with customer payments, while creditors remain steady at £18,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

While the Outdoor Swimmer Shop appears to be a thriving e-commerce business with a diverse product range, the negative equity position suggests the company is burning through cash. It’s possible the business is still in its early stages of growth and reinvesting heavily in inventory and marketing.

Registered in England/Wales under the registration number 14694994, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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