Incredible Group Limited

Incredible Group Limited, based in Wigan, UK, is a small, active company founded six years ago. With £58,932 in assets and a real address, it’s managed by two directors and two owners, boasting a stellar 5.0 Google rating from 91 reviews. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with just two months of import activity recorded in the last few years.

The company’s website, Incredible Baits, showcases a thriving business focused on high-quality carp bait and tackle. It's clear they're targeting serious anglers, offering a wide range of boilies, hookbaits, liquids, and tackle bundles, alongside branded clothing. The site emphasizes experience – over 25 years in manufacturing and carp feed knowledge – and highlights specific products like “The Trap” and “I.D.3” as industry leaders. The website also has a blog and social media presence, indicating a focus on community engagement and content marketing. It's also interesting to note the mention of a "top terminal tackle company" with incentives, suggesting potential partnerships or affiliate programs.

Financially, Incredible Group Limited presents a mixed picture. While cash bank on hand increased significantly by 160% to £2,400, current assets decreased by 8.6% to £59,000. Equity has taken a considerable hit, dropping 48% to £6,600—a notable decline. Creditors also increased by 6.6% to £89,000, and bank borrowings rose to £89,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited.

The company’s irregular import activity and the significant drop in equity suggest it might be facing some financial pressures. However, the strong Google rating and the focus on a niche market—high-quality carp bait and tackle—indicate a loyal customer base and potential for future growth. It’s possible the company is reinvesting in its business, but the declining equity warrants careful monitoring.

Registered in England/Wales under the registration number 11853059, with a registered address at WN6 0XQ, England, Wigan, Unit 32 Bradley Lane, Standish.

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