Gentoo Sailing Team Limited

Gentoo Sailing Team Limited is a small, active company based in Richmond, UK, founded three years ago in 2022. With just £17,003 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates in the other sports activities industries, and its website suggests a focus on sailing – featuring information about the team, the boat, the race, an academy, and sustainability initiatives. The site also has a log in and contact page. It’s a irregular importer, with its top import category being Iron or Steel Products, totaling 2 months of imports, the last in May 2022.

The company’s website, gentoosailingteam.com, is simple and focused, serving as a digital hub for the team's activities. It’s not an e-commerce site; instead, it functions as an information portal, showcasing the team's mission, achievements, and opportunities for engagement. The site’s design is clean and modern, with a strong emphasis on visuals – highlighting the boat, the team members, and the sailing environment. It’s clear the focus is on building brand awareness and attracting sponsors rather than direct sales.

Financially, Gentoo Sailing Team Limited presents a picture of a startup struggling to gain traction. Current assets have plummeted by 67%, dropping to £17,000, while net assets have also fallen significantly, decreasing by 42% to -£940,000. Bank borrowings have increased by 18%, reaching £130,000, and cash reserves have declined by 54% to just £9,300. Trade debtors have fallen by 75%, and creditors have increased by 17%, suggesting a need to manage debt. 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 negative equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Gentoo Sailing Team Limited is facing financial headwinds. While the sailing team’s activities appear to be ongoing, the company’s financial health is precarious, and it’s likely relying on the director’s commitment and funding to stay afloat.

Registered in England/Wales under the registration number 13916758, with a registered address at TW10 6NS, England, Richmond, 4 Park Road.

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