Foams 4 Sports Ltd

Foams 4 Sports Ltd, based in Hyde, UK, is a small, active company established 18 years ago. Employing 32 people, it holds £1,304,651 in assets, though its registered address is likely a virtual one, shared by 17 other companies. With five directors and a single owner, the company regularly imports and exports toys, games, and sports equipment – 77 months of import activity and 8 months of export activity recorded. It operates in the other manufacturing n.e.c. industries.

The company's website showcases a wide range of sports safety equipment, including matting, padding, cheerleading mats, and gymnastics equipment. It functions as a manufacturer and supplier, offering both standard products and bespoke design and installation services. The website highlights a focus on UK manufacturing and caters to a diverse clientele, from schools and prisons to martial arts clubs and MOD establishments. It also sells soft play equipment and bean bags.

Financially, Foams 4 Sports Ltd presents a mixed picture. Cash bank on hand increased significantly by 71% to £650,000, while net assets grew by 26% to £1,100,000. However, creditors also increased by 19% to £670,000, and trade debtors rose by 30% to £250,000, suggesting a potential strain on working capital. 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 agility, but the rise in debt warrants attention. The company is exempt from audit as a small company, so the figures are unaudited.

The increased bank borrowings and trade debtors could indicate a period of expansion or investment, but it’s important to monitor these trends closely. The company’s strong focus on UK manufacturing and its diverse customer base position it well for continued success, though managing its financial obligations will be key.

Registered in England/Wales under the registration number 05998994, with a registered address at SK14 1ND, Hyde, Cheshire, Library Chambers, 48 Union Street.

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