Lancashire Sports Repairs Ltd

Lancashire Sports Repairs Ltd, based in Burnley, UK, is a small, active company founded 31 years ago. With 14 employees and £411,577 in assets, it’s a well-established player in the outdoor gear repair industry. The company boasts a stellar 5.0 Google rating from 320 reviews, reflecting its reputation for quality service. It has three directors and two owners, and operates from a real address on Athletic Street. While it’s an irregular importer, bringing in miscellaneous manufactured goods roughly once a year, its core business is repairing footwear and leather goods.

The company’s website highlights its expertise in repairing outdoor gear, walking boots, mountaineering boots, and more. It’s a leading specialist in GORETEX repairs and caters to both manufacturers and outdoor enthusiasts. The site also mentions a mail-order repair service and a commitment to using the latest machinery and materials. The company's website is well designed and easy to navigate, with a cookie consent management system.

Financially, Lancashire Sports Repairs Ltd shows a mixed picture. Cash reserves increased significantly by 74%, reaching £250,000—a positive sign of improved liquidity. However, creditors rose sharply by 40%, reaching £250,000, which could indicate increased reliance on short-term financing. Trade debtors decreased by 20%, suggesting better collection practices. Net assets grew by 8.1% to £180,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for companies of this size.

Overall, Lancashire Sports Repairs Ltd appears to be a resilient business with a strong reputation. While the increase in creditors warrants monitoring, the healthy cash position and growing net assets suggest a stable financial foundation. It’s a testament to the company’s expertise and commitment to quality service in a niche market.

Registered in England/Wales under the registration number 02894325, with a registered address at BB10 4LP, Lancashire, 19 Athletic Street, Burnley.

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