Fatstick Limited

Fatstick Ltd from Bournemouth UK is a small, active company founded nine years ago in 2016. With just one employee and £446,232 in assets, it’s a family business run by two directors and owners, May Elizabeth and May Reuben Paul. The company operates from a real address at 56 Nursery Road, and has a real address as only one company registered at the same address. It’s a regular importer, specializing in toys, games, and sports equipment, with 9 months of import activity recorded, the last in October 2024.

Fatstick Ltd's website, FatStick Boards, showcases a range of products, from inflatable paddle boards and kayaks to apparel and accessories. The site emphasizes high-quality equipment, British craftsmanship, and a focus on watersports lifestyle. It also features a section dedicated to new releases and guides, indicating a commitment to innovation and customer education. The site is clearly an e-commerce platform, with a focus on direct-to-consumer sales and a range of currencies available.

Financially, Fatstick Ltd’s recent performance shows some concerning trends. Current assets have fallen by 32%, dropping to £450,000, while net assets have declined by 22%, settling at £390,000. Bank borrowings remain steady at £600, but cash reserves have decreased by 5.2%, falling to £300,000. Creditors have been significantly reduced by 53%, which could indicate improved debt management, but the drop in equity is a potential cause for concern. Trade debtors have also decreased, suggesting better payment collection. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so these figures are unaudited.

The company’s financial data suggests it may be facing some challenges, but its focus on a niche market and its commitment to quality could help it weather the storm. The decrease in creditors is a positive sign, but the drop in equity warrants closer scrutiny.

Registered in England/Wales under the registration number 10151265, with a registered address at BH9 3AU, England, Bournemouth, Dorset, 56 Nursery Road.

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