Iron Raft Ltd

Iron Raft Ltd from Girton UK is a small, active company founded eight years ago in 2017. It’s a one-person operation with £179 in assets, a real address, and a single director. The company operates an e-commerce site specializing in packrafts and related gear.

The website, Iron Raft, showcases a wide range of packrafts, fabrics, and accessories. It caters to a global market, offering various currency options and shipping to numerous countries. The site highlights its commitment to quality, offering DIY instruction and safety precautions. Customer testimonials praise the company’s excellent service, quality materials, and fast shipping. The website also features a blog with content related to packrafting adventures and essential accessories.

Financially, Iron Raft Ltd’s situation appears concerning. Current assets have plummeted by 62%, dropping to just £180. Net assets have also taken a significant hit, decreasing by 210% to -£7,200. Cash reserves have shrunk dramatically, falling 62% to £180. Bank borrowings have increased by 210% to £7,300, and creditors have improved. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the substantial equity decline suggests potential financial strain. No auditor is mentioned, so the figures are unaudited.

While the website shows a thriving e-commerce business with positive customer feedback, the financial data paints a picture of a company struggling to maintain its financial health. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 10711064, with a registered address at CB3 0NJ, England, Girton, Cambridgeshire, 4a 4a Thornton Way.

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