Fair Price Equestrian Limited

Fair Price Equestrian Ltd, based in Haverhill, UK, is a small, active company founded eleven years ago in 2014. The business, boasting £106,309 in assets and a virtual address, is managed by three directors and owned by a solo founder. It operates an e-commerce site with a solid 4.0 Google rating from six reviews, and has been importing miscellaneous metal items for two months, with the last import in December 2023.

The company’s website showcases a wide range of equestrian products, from riding wear and body protection to horse care and tack. It caters to riders of all levels, offering brands like Kentucky, PS of Sweden, and Tommy Hilfiger Equestrian. The site also features a dedicated section for pets, selling dog accessories, clothing, and food. It’s a pretty extensive range.

Financially, Fair Price Equestrian Ltd presents a mixed picture. Current assets have decreased by 19% to £110,000, and net assets have fallen by 49% to -£260,000 – a significant drop. Bank borrowings have decreased by 57%, which is good, but cash reserves have increased by 160% to £240. Creditors have increased by 17% to £380,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it doesn't require an audit, so the figures are unaudited.

The decrease in equity is concerning, and the increase in creditors suggests a need to manage debt more carefully. However, the increase in cash reserves could indicate improved cash flow management. The company's focus on a niche market and its strong online presence could help it weather these challenges, but it will need to keep a close eye on its finances.

Registered in England/Wales under the registration number 08882026, with a registered address at CB9 8AD, England, Haverhill, Suffolk, 31 High Street.

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