Ladds Guns Ltd

Ladds Guns Ltd, based in Crediton, UK, is a small, active company founded 17 years ago. With seven employees and £2,688,128 in assets, it’s a well-established operation boasting a perfect 5.0 Google rating from 65 reviews. The company has six directors and two owners, operating from a real address and regularly importing weapons and ammunition – the last import was made just three months ago.

The business primarily focuses on retail sales of sports goods, fishing gear, camping goods, boats, and bicycles. Its website, salesladdsguns.com, showcases a wide range of products, including gun safes, optics, and accessories. The site also functions as an e-commerce platform, allowing customers to purchase items online. The website also features a wish list and cart function, and a newsletter signup. The site is well-maintained, with clear navigation and product descriptions.

Financially, Ladds Guns Ltd shows some interesting trends. Accumulated depreciation on computer equipment rose by 8%, while motor vehicle depreciation increased by 19%. Bank borrowings decreased significantly by 71%, a positive sign. Creditors also decreased by 23%, suggesting improved debt management. However, cash reserves fell by 25%, and trade debtors ballooned by 110%. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible, but the rise in debtors could indicate challenges in collecting payments. There’s no auditor mentioned, which is typical for small companies.

Overall, Ladds Guns Ltd appears to be a stable, well-regarded business. While the decrease in cash reserves warrants attention, the company’s strong Google rating and active import activity suggest a healthy operation. It’s a good business, but they need to keep an eye on those debtors.

Registered in England/Wales under the registration number 06539118, with a registered address at EX17 3PW, Crediton, Devon, Downes Mill House, Downes Mill.

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