Kayaks & Paddles (plymouth) Limited

Kayaks And Paddles Plymouth Ltd, based in Ivybridge, UK, is a small, holding company with an active status. Established 28 years ago in December 1996, it employs eleven people and holds £660,278 in assets. The company operates from a virtual address, a detail highlighted by the fact that ten companies are registered at the same location. It’s led by two directors and has one owner, and runs an e-commerce site with a respectable Google rating of 4.0 based on 137 reviews. Regular importing of toys, games, and sports equipment has been ongoing for 20 months, with the latest import occurring in March 2024.

The company’s website showcases a large-scale paddlesports retailer, boasting a 13,000 sq ft showroom and warehouse near Plymouth. It specializes in canoes, kayaks, and related equipment, catering to various activities like touring, fishing, and white water paddling. The site emphasizes expert advice, a wide range of products from leading manufacturers, and fast nationwide delivery. It's clear that the business is focused on serving the paddlesports community, with a strong online presence and a physical showroom for customers to experience the products firsthand.

Financially, Kayaks & Paddles Plymouth Ltd presents a mixed picture. Current assets have fallen significantly, dropping by 53% to £660,000, while net assets have also declined by 14%, settling at £590,000. Cash reserves have taken a hit, decreasing by 68% to £50,000. Trade debtors have also decreased by 62%, and creditors have dropped by 81%, suggesting improved debt management. The company’s small size, meeting two of three criteria for being a small company, allows for agility, but the decline in assets and cash raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity. The business is a holding company, so it's possible that the profits are being reinvested into other ventures. It’s likely that the business is facing some challenges, but its strong online presence and dedicated customer base should help it navigate these difficulties.

Registered in England/Wales under the registration number 03293845, with a registered address at PL21 9RL, England, Ivybridge, Devon, Unit 1 & 2 Richmond Place Central Avenue, Lee Mill Industrial Estate.

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