Knight Sportswear Ltd

Knight Sportswear Ltd, based in Doncaster, UK, is a small, active company founded nine years ago. With two employees and £43,325 in assets, it operates from a real address and is overseen by two directors and owners. It holds a respectable 4.0 Google rating based on 29 reviews. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with recent import activity recorded two months ago.

Knight Sportswear’s website showcases a diverse range of products, primarily focused on rugby shirts, polo’s, t-shirts, and hoodies, many emblazoned with military and charity-related designs. It operates as an online shop, offering quality sublimated shirts and catering to a niche market of military enthusiasts and supporters of various charities. The website also features a clearance section, watches, and a dedicated area for custom kits and teamwear, indicating a broader offering beyond standard apparel. It also has a section for esports, and a section for British Armed Forces licensed products.

Financially, Knight Sportswear Ltd shows some concerning trends. While current assets increased by 25% to £43,000, net assets actually decreased significantly to just £290. Bank borrowings decreased by 78%, which is positive, and creditors decreased by 6.6%. However, other taxation and social security payable increased by a staggering 1,100%, reaching £13,000. 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. With no auditor mentioned, the figures are unaudited.

The sharp decline in net assets, coupled with the substantial increase in other taxation, suggests that Knight Sportswear Ltd may be burning through cash. While the online shop appears to be active and well-designed, the financial data raises questions about its long-term sustainability. It’s possible that increased marketing expenses or unexpected tax liabilities contributed to the downturn, but further investigation would be needed to determine the root cause.

Registered in England/Wales under the registration number 09786129, with a registered address at DN10 6QD, England, Doncaster, Unit 1 Regency House, Station Yard, Station Road, Bawtry.

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