Jungle Goat Ltd

Jungle Goat Ltd from Ryde UK: small company, active status, founded 2 years ago, £9,729 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. 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 company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company's website, Stolen Goat Adventure, is a vibrant online store specializing in cycling apparel and accessories. It’s a full-fledged e-commerce platform, offering a wide range of products from jerseys and bib shorts to gloves and hydration bottles. The site is well-designed and easy to navigate, with clear product categories, detailed descriptions, and high-quality images. They have a blog too, with lots of content.

Financially, Jungle Goat Ltd presents a mixed picture. Current assets have decreased by 30% to £9,700, while net assets have fallen 77% to -£4,500. Cash reserves have plummeted 210% to £3,100, and bank borrowings have increased by 190% to £14,000. Creditors have increased by 180% to £16,000. The lack of employees (zero reported) suggests a very lean operation. With no auditor mentioned, the figures rely on director-reported data.

The sharp decline in equity and the increase in debt are concerning, suggesting the company may be burning through cash. However, the strong presence on the website and the focus on a niche market (cycling apparel) could provide a path to profitability. It’s a small business, so these fluctuations aren’t unusual, but they warrant close monitoring.

Registered in England/Wales under the registration number 14253893, with a registered address at PO33 1QT, England, Ryde, Isle Of Wight, Vision Accounting Fortis House, Cothey Way.

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