Drop Shot Uk Ltd
- Small
- Active
- 5 years
- 1 employee
- £144,608 (assets)
- Virtual address
- 1 director
- 2 owners
- Irregular importer
- E-commerce
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Drop Shot UK Ltd, based in Woodford Green, UK, is a small, active company founded five years ago. With a single employee and £144,608 in assets, it operates from a virtual address, a detail worth noting as 243 companies share the same location. The company is led by one director and has two owners, though the list of owners was updated two years ago. It's a popular choice, boasting a perfect 5.0 Google rating based on a single review. Drop Shot UK is an irregular importer, focusing on toys, games, and sports equipment, with recent activity recorded just two months ago.
The company’s website, DropShotUK.com, is clearly the core of its business. It's a thriving e-commerce platform specializing in ball sports, particularly padel, pickleball, and beach tennis. The site offers a wide range of products, from bags and clothing to footwear and accessories, catering to both men and women. Customer reviews are prominently displayed, showcasing positive experiences with product quality and delivery. The website also features a blog with articles about the sport, reinforcing Drop Shot UK's position as an authority in the field.
Financially, Drop Shot UK Ltd presents a mixed picture. Current assets have decreased by 26% to £140,000, while net assets have fallen 64% to -£150,000. Bank borrowings have also increased, reaching £2,800. Cash reserves have dropped significantly by 68% to £460. Creditors have decreased by 13%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the significant equity decline warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.
It's clear that Drop Shot UK is facing some financial challenges, but its strong online presence and positive customer feedback suggest a loyal customer base. Whether it can overcome these challenges and continue its growth remains to be seen, but the company’s focus on niche sports and its commitment to customer satisfaction are promising signs.
Registered in England/Wales under the registration number 12118809, with a registered address at IG8 8EY, Woodford Green, Essex, The Retreat, 406 Roding Lane South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-02-01 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-06-30Download 9 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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