Four Oaks Ltd
- Small
- Active
- 1 year
- £5,899 (assets)
- Real address
- 2 directors
- 2 owners
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Four Oaks Ltd is a small, active company based in Morecambe, UK, founded just one year ago. With £5,899 in assets and a real registered address, it’s a family business run by two directors and two owners, Gallagher Cain and Gallagher Troy. The company operates an e-commerce site specializing in ice baths and saunas, catering to a fitness-focused clientele.
The website showcases a range of products, including portable ice baths and steam saunas, emphasizing free shipping, indefinite customer service support, and a 2-day delivery service. Testimonials highlight customer satisfaction with the products' impact on recovery, mental health, and overall well-being. The site also features a blog with articles on the benefits of ice baths and saunas, further establishing the company's expertise in the field.
Financially, Four Oaks Ltd presents a mixed picture. While cash bank on hand remains steady at £1,900, creditors have remained consistent at £9,300. Current assets are at £5,900, while debtors are at £3,800. Equity is at -£2,900, suggesting the company is burning through cash. The lack of employees (zero reported) indicates a lean operation. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it's likely exempt from an audit, and the figures are unaudited.
The consistent creditors and the negative equity suggest the company may be relying on credit to maintain operations, which could be a concern long term. However, the strong online presence and positive customer reviews indicate a potential for growth, provided the company can manage its finances effectively.
Registered in England/Wales under the registration number 14973267, with a registered address at LA3 2RY, England, Morecambe, 41 Middleton Road, Heysham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 25%+
-
Resident of United Kingdom
-
Individual
- 1 year
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Previous accounting period shortened from 2024-06-30 to 2024-03-31Download 1 page pdf report
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Confirmation statement made on 2024-06-29 with no updatesDownload 3 pages pdf report
FAQ about Four Oaks Ltd
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