Future Carping Ltd

  • Liquidation
  • Small
  • 5 years
  • 1 employee
  • £332,871 (cur assets)
  • 0-1m
  • Irregular importer
  • Irregular exporter
  • Virtual address
  • 1 director
  • 1 owner
  • Solo founder
  • Southport
  • E-commerce

Field of Operation

Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47640 10718 companies

Website

Social media

Summary

Future Carping Ltd is a small, active company based in Nottingham, UK, founded four years ago in 2020. With just one employee and £193,550 in assets, it’s a solo founder operation managed by two directors. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles. It’s an irregular importer and exporter of toys, games, and sports equipment, with recent activity recorded in November 2023 for imports and March 2023 for exports. The company’s website, futurecarping.com, focuses on bait boats, offering a range of models and accessories, and even has a sale on with code XMAS20.

The company faced a devastating fire impacting its operations in June 2024, but is now rebuilding and committed to serving its customers. The website highlights a commitment to reliability and top-quality bait boat services across the UK and Europe. It also mentions a separate venture, 1066 Pianos, which is a high-end piano restoration business.

Financially, Future Carping Ltd shows some concerning trends. While cash reserves increased significantly by 1200% to £2,600, net assets decreased by 33% to -£78,000. Bank borrowings were reduced by 27% to £85,000, which is good, but creditors increased by 33% to £270,000. Trade debtors rose by 95% to £170,000, which could indicate payment delays. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in equity is a red flag. With no auditor mentioned, the figures rely on unaudited statements.

It seems Future Carping Ltd is navigating a challenging period, rebuilding after a setback, and relying on its bait boat business to drive revenue. Whether it can sustain this momentum remains to be seen.

Registered in England/Wales under the registration number 12820905, with a registered address at PR9 0TE, Southport, Sefton, C/O Revolution Rti Limited Suite 1, Heritage House, 9b Hoghton Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 5 years
  • 4
  • 75%+

Managers

  • 5 years
  • 1
Manager

Last reports

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Last news

  1. Appointment of a voluntary liquidator
  2. Statement of affairs
  3. Resolutions

Importer profile by HS codes

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Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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Exporter profile by HS codes

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Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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