Escape Watersports Ltd

Escape Watersports Ltd, based in Bridgend, UK, is a small, holding company with an active status. Established fourteen years ago, in 2011, the company employs thirteen people and holds assets valued at £1,063,330. It operates from a real address at Unit 12 Village Court, Village Farm Industrial Estate, Pyle, and is managed by two directors and one owner. The business runs an e-commerce site, regularly importing clothing and accessories (not knitted or crocheted) for thirty-four months, with the last import in November 2024. It also exports these same items, though irregularly, with just two months of export activity recorded, the last in August 2022.

The company’s website showcases a wide range of watersports equipment, from wetsuits and rash vests to kayaks and paddles. It caters to a diverse customer base, offering gear for surfing, paddleboarding, diving, and general swimming. The site is well-organized, with clear product categories and detailed descriptions, and even includes a sale section. It’s a one-stop shop for anyone needing equipment for a day at the beach or a serious watersports adventure.

Financially, Escape Watersports Ltd’s numbers paint a mixed picture. Current assets have decreased by 23%, dropping to £1,100,000, while net assets have also fallen by 21%, settling at £280,000. Bank borrowings have increased significantly, surging by 10% to £57,000, and cash reserves have declined by 43%, ending at £42,000. Creditors, however, have decreased by 21%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity is a concern. There is no auditor mentioned, which is likely due to the company’s exemption as a small company.

Overall, Escape Watersports Ltd appears to be navigating a challenging economic climate. While its e-commerce presence is strong and its product range is extensive, the financial data indicates a need for careful management and a focus on profitability.

Registered in Wales under the registration number 07564052, with a registered address at CF33 6BX, Bridgend, Mid Glamorgan, Unit 12/13 Village Court, Village Farm Industrial Estate, Pyle.

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