Hockeybox Ltd

Hockeybox Ltd from Oxford UK: micro company, active status, founded 8 years ago, confirmation overdue 1 month, £7,620 assets, real address, 1 director, 1 owner, solo founder. It's a small, active business operating out of Oxford, UK, with a solo founder, Luke Stone, at the helm. Founded in 2017, the company is currently overdue for confirmation, which is something to keep an eye on. It’s a micro company, meeting two of three conditions: turnover under £632,000, balance sheet total under £316,000, and fewer than 10 employees.

Hockeybox Ltd appears to be a retail operation, with a website showcasing a range of sports equipment and apparel. The site suggests a focus on hockey-related products, but also includes items for other sports and activities. While the website isn's particularly elaborate, it does offer a selection of products and aims to provide a convenient online shopping experience. It’s not clear if Hockeybox Ltd has a physical store, but the online presence indicates a focus on e-commerce.

Financially, Hockeybox Ltd is showing some concerning trends. While current assets have improved by 180% to £7,600, net assets have plummeted 710% to -£3,200. This significant drop in equity is a red flag, suggesting the company is burning through cash. Advances to directors have increased by 250% to -£7,700, while cash reserves have jumped 2700% to £5,100. Creditors have also increased substantially, rising 250% to £11,000. The company’s small size means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Hockeybox Ltd seems to be struggling financially. The increase in creditors and the negative equity suggest the company is facing cash flow challenges. It’s possible that the company is investing in growth, but the lack of profitability is a cause for concern. Luke Stone, as both director and owner, will need to address these issues to ensure the company’s long-term viability.

Registered in England/Wales under the registration number 10711232, with a registered address at OX4 3RN, England, Oxford, 7 Lockheart Crescent.

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