First Thought (equine) Limited

First Thought Equine Ltd from Canterbury UK: a small company with an active status, was founded 29 years ago. It employs 24 people and holds £343,838 in assets, operating from a real address with three directors and two owners. The company regularly imports treated or layered fabrics for industrial use, with 6 months of import activity recorded, and exports vehicles, parts, and accessories (excluding trains or trams), with 20 months of export activity.

First Thought Equine Ltd specializes in modular saddles, particularly the WOW brand, as evidenced by its website. The site is primarily a blog showcasing the benefits of WOW saddles and featuring customer stories. It highlights the saddles’ adaptability and suitability for horses with various conformations and sensitivities. The blog also promotes WOW retailer Natalie Pote, suggesting a close partnership. There isn’s any obvious e-commerce functionality; the site seems designed to drive traffic to retailers rather than direct sales.

Financially, First Thought Equine Ltd presents a mixed picture. Accumulated depreciation increased by 14%, indicating investment in plant and machinery, while bank borrowings decreased significantly by 58%, a positive sign. Cash bank on hand remained steady at £240,000. However, creditors increased by 80%, and other creditors also rose substantially, suggesting potential challenges in managing short-term liabilities. Despite this, equity increased by 31%, likely due to retained earnings. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, First Thought Equine Ltd appears to be a stable, albeit small, operation. The focus on the WOW saddle brand and its distribution network suggests a specialized business model. While the increase in creditors warrants attention, the company’s strong cash position and growing equity indicate a reasonable financial footing. It’s likely the company is reliant on the success of the WOW brand and the network of retailers it supports.

Registered in England/Wales under the registration number 03186860, with a registered address at CT4 6JS, Canterbury, Kent, Little Duskin Farm, Covet Lane Kingston.

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