Envee Sports Ltd

Envee Sports Ltd from Walsall, UK, is a small, active company founded ten years ago in 2015. It’s a solo-founder operation with a single director and owner, operating an e-commerce site and holding £12,329 in assets. The company’s registered address is real, with only one other company registered there.

The business focuses on the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles, both online and via mail order. It also caters to other retail channels not involving stores or markets. The website, while not directly visible, suggests a focus on providing a wide range of sporting equipment and accessories.

Financially, Envee Sports Ltd presents a mixed picture. Current assets are relatively low at £12,329, and net assets are negative at -£5,000, indicating accumulated losses. Bank borrowings remain steady at £15,000, and creditors are also consistent at £15,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of reported employees (zero) suggests a lean operation. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the business appears to be active, the negative equity and low asset base suggest it’s potentially burning through money. The solo founder model, while efficient, may also indicate a lack of resources or expertise to navigate challenges. It's hard to say if this is a temporary setback or a longer-term trend, but Envee Sports Ltd will need to focus on profitability to ensure its survival.

Registered in England/Wales under the registration number 09507317, with a registered address at WS1 3JH, England, Walsall, 10 Highgate Road.

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