Colts Cricket Company Limited

Colts Cricket Company Limited is a small, active company based in London, UK, with a history spanning 18 years. Founded in 2007, it employs just two people and holds £30,847 in assets. The company operates from a real address and is overseen by three directors and one owner, Nazir Tariq. It's a regular importer, specializing in toys, games, and sports equipment, with recent activity recorded as of April 2024. The company’s core business involves retail sale of sports goods, fishing gear, camping goods, boats and bicycles.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform. However, its focus on importing suggests a wholesale or distribution model, supplying retailers or other businesses.

Financially, Colts Cricket Company Limited presents a mixed picture. Current assets have fallen by 5.4% to £31,000, while net assets have plummeted 290% to -£3,900. Cash reserves have increased by 69% to £8,800, a positive sign. However, bank borrowings have decreased by 2.5%, and creditors have increased by 39%. Equity has also seen a significant drop, indicating potential losses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity warrants attention. With no auditor mentioned, the financial statements are unaudited.

The company’s increased creditors and decreased bank borrowings suggest it’s managing its short-term debts effectively. However, the negative equity raises concerns about its long-term financial health. It's possible the company is reinvesting profits back into the business, but the significant drop in equity should be monitored closely.

Registered in England/Wales under the registration number 06089251, with a registered address at SW15 3PW, London, 77 Robin Hood Way, Kingston Vale.

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