First Ascent (u.k.) Limited

First Ascent (u.k.) Limited, based in Bangor, UK, is a small, active company founded 25 years ago in March 2000. Employing just four people, it holds £781,853 in assets and operates from a real address at Unit F1 Intec, Parc Menai. The business is a family affair, with two directors and two owners—Catherine Anne and Jason Richard Myers—at the helm, and boasts a stellar 5.0 Google rating from 12 reviews. The company is a regular importer, primarily of textile products, sets, used clothing, and rags, with 34 months of import activity recorded, the latest in February 2025.

First Ascent (u.k.) Limited functions as a specialist sales agency and distributor, representing several outdoor brands, including Cocoon, Hothands, LifeStraw, and Nalgene. Its website showcases a range of outdoor equipment and highlights partnerships with various brands. The company also operates a dealer portal, suggesting a network of retailers. It's clear that they are selling to other businesses, not directly to consumers.

Financially, First Ascent (u.k.) Limited presents a mixed picture. Cash reserves increased by a significant 45%, reaching £370,000, while current assets grew by 7.1% to £780,000. However, creditors decreased by 13%, and bank borrowings fell by 39%. Debtors have increased by a substantial 73%, which could indicate a growing customer base or extended payment terms. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants monitoring. No auditor is mentioned, reflecting its status as a small, exempt company.

Overall, First Ascent (u.k.) Limited appears to be financially stable, with growing assets and cash reserves. However, the increase in debtors should be watched closely to ensure timely payments. The company's focus on wholesale distribution and its strong supplier relationships suggest a sustainable business model—though it’s unclear if they have any issues with the current market.

Registered in England/Wales under the registration number 03960636, with a registered address at LL57 4FG, Wales, Bangor, Unit F1 Intec, Ffordd Y Parc, Parc Menai.

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