Iconic Retail Limited

Iconic Retail Ltd from Wolvey UK: small company, active status, founded 7 years ago, 1 employee, £422,335 assets, real address, 1 director, 1 owner, solo founder. Regular importer of toys, games, and sports equipment (43 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (46 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £422,335. The company operates in the retail sale via mail order houses or via internet, the other retail sale in non-specialised stores industries. Officially, it has one owner or PSCs, one director, and one employee.

Iconic Retail Limited operates several online retail stores, each catering to a distinct market. Its primary website, Iconic Retail, serves as a hub for its various ventures. However, the real action happens on its specialized sites: GeekyZone, a destination for pop culture collectibles; VeloZone, a premium cycle retailer; ReelZone, an angling specialist; and even a presence in the fishing market. These sites showcase a diverse range of products, from Marvel figurines and BMC bikes to fishing rods and reels. The company’s website clearly states it’s always on the lookout for new ventures, suggesting a dynamic and evolving business model. It’s a growing business with its foot in the door of several key markets.

Financially, Iconic Retail Ltd presents a mixed picture. While current assets remain stable at £420,000, equity has significantly decreased by 77% to just £1,900—a concerning trend. Bank borrowings have also increased, reaching £31,000, and cash reserves have fallen 12% to £130,000. However, trade debtors have surged by 110%, which could indicate increased sales but also potential issues with customer payments. The company’s small size helps it stay agile, but the equity drop raises questions about its long-term financial health. There’s no mention of an auditor, which is common for small companies. The company’s director, Mr. Bell, appears to be managing all aspects of the business. The company’s net current assets liabilities decreased by 25% to £30,000.

Registered in England/Wales under the registration number 10790265, with a registered address at LE10 3JG, United Kingdom, Wolvey, Leicestershire, Moto Central Building Asfare Business Park, Hinckley Road.

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