Dirtbags Climbing Ltd

Dirtbags Climbing Ltd from Grange-Over-Sands UK is a small, active company founded five years ago. With four employees and £11,511 in assets, it’s a family business led by one director and two owners, boasting a stellar 5.0 Google rating from 22 reviews. The company operates in a diverse range of industries, including retail sales of sports goods, fishing gear, and camping goods, alongside mail-order and internet sales, and even environmental consulting.

The company's website is currently under construction, promising an opening soon. Visitors are invited to subscribe for updates and connect via Facebook and Instagram, suggesting a focus on building an online presence. It’s clear they’re planning a full-fledged e-commerce platform, but for now, it’s a work in progress.

Financially, Dirtbags Climbing Ltd is showing some concerning trends. While current assets increased by a respectable 72% to £12,000, net assets plummeted 590% to -£1,900. Cash reserves have also taken a hit, falling 96% to just £72. Bank borrowings have risen, reaching £4,500, and creditors have increased significantly. The company's small size (meeting two of three criteria for a small company) helps with agility, but the substantial equity loss is a red flag. Loans from directors have also increased by 46% to £7,900. It’s worth noting that the accounts are unaudited and filed as ‘filleted’ – a common practice for small companies exempt from a full audit.

Overall, Dirtbags Climbing Ltd appears to be navigating a challenging period. While the company has a strong online reputation and a diverse range of activities, the financial data suggests it’s burning through money. The increase in bank borrowings and the significant equity loss are cause for concern, and it remains to be seen if the planned e-commerce launch will provide the boost it needs.

Registered in England/Wales under the registration number 12446006, with a registered address at LA11 6QP, England, Grange-Over-Sands, Birch Rigg, Lyndene Drive.

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