H2o Kayaks Ltd

H2o Kayaks Ltd from Norwich UK: small company, active status, founded 18 years ago, 1 employee, £148,218 assets, real address, 3 directors, 1 owner, solo founder, e-commerce site, google rating 5.0 based on 14 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (11 months imported). It’s a small, family-run business with a strong online presence, selling a wide range of kayaking and outdoor equipment. Founded eighteen years ago, the company operates from a real address in Aylsham and employs just one person, demonstrating a lean and focused approach. The company's website showcases a diverse inventory, from paddles and life jackets to pedal boats and even wood-fired ovens – a somewhat eclectic mix of products catering to outdoor enthusiasts.

The website, h2okayaks.com, is clearly the company’s primary sales channel, offering a comprehensive e-commerce experience. It’s well-organized, with clear categories and detailed product descriptions. The site also features a blog with helpful articles on kayaking and outdoor activities, reinforcing the company's expertise. The site also sells a range of products from brands like Ruk Sports, Sun Dolphin, and Impexfire, suggesting a focus on sourcing quality equipment.

Financially, H2o Kayaks Ltd presents a mixed picture. Current assets have decreased by 25% to £150,000, while net assets have also fallen by 19% to £93,000. Bank borrowings have increased by 34%, reaching £67,000, and creditors have also risen. 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 decline in equity is a concern. The company is exempt from an audit, so the figures are unaudited. The decrease in net assets might be due to increased investment in inventory or marketing efforts to support the e-commerce business. It's possible the company is reinvesting profits to fuel growth, but the decrease in cash reserves suggests a need to manage cash flow carefully.

Registered in England/Wales under the registration number 06202560, with a registered address at NR10 5BD, England, Norwich, The Willows Common Lane, Brampton.

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