Cicada Sports Limited

Cicada Sports Ltd from Wolverhampton UK: a small, active company founded 20 years ago, employs just two people, and holds £88,750 in assets. Operating from a virtual address, the business is run by three directors and two owners, and features an e-commerce site with a respectable 4.0 Google rating based on 33 reviews. They regularly import toys, games, and sports equipment, with the last import operation occurring four months ago.

The company's website showcases a wide range of cricket equipment, clothing, and teamwear, catering to clubs and schools. It's a family-run business, emphasizing quality and customer service. They sell products from well-known brands like Gunn Moore, Gray-Nicolls, and Kookaburra. It's clear they're aiming to be a one-stop shop for all things cricket, with a dedicated section for hockey and fitness gear as well.

Financially, Cicada Sports Ltd presents a mixed picture. Current assets have decreased by 10% to £89,000, and net assets have fallen by 32% to -£69,000. Bank borrowings have decreased by 15%, which is good, but cash reserves have increased by a significant 190% to £380. Creditors have also decreased by 22%, suggesting they're managing their debts well. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. However, the decline in equity is concerning, and the lack of an auditor (likely due to being a small company) means the figures are unaudited.

Overall, Cicada Sports Ltd appears to be holding its own, but the financial challenges are evident. The company’s focus on quality and customer service, alongside its strong brand reputation, will be crucial for navigating these pressures.

Registered in England/Wales under the registration number 05161158, with a registered address at WV4 6BL, Wolverhampton, West Midlands, 37a Birmingham New Road.

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