Loco Global Ltd

Loco Global Ltd is a small, active company from Ashton-Under-Lyne, UK, founded three years ago. With just £241 in assets and a virtual address shared by 42 other companies, it’s a solo founder operation led by a single director and owner, Connolly Louise. The company operates an e-commerce site specializing in inline skates, rollerskates, and rollerblades – branding itself as the "No.1 Shop" for these items.

The website, Loco Skates, showcases a wide range of products, from beginner skates to aggressive models, catering to various skill levels and interests. It also features a blog with articles and videos, demonstrating a commitment to customer education and engagement. The site offers a variety of brands, including Adapt, Bladerunner, and Powerslide, and even sells skate parts and protective gear. It’s clear that Loco Skates is more than just a retailer; it’s a community hub for skating enthusiasts.

Financially, Loco Global Ltd presents a picture of a company struggling to gain traction. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 30 employees), its financial situation is concerning. Net current assets liabilities are a hefty -£2200, and total assets less current liabilities are also -£2200. Cash on hand is a meager £63, and bank borrowings are at £29,000. Creditors are at £2400, and trade debtors are £60. The company’s equity is in the negative, with a balance of -£2300. With no auditor mentioned, the unaudited figures offer a snapshot of a business facing financial headwinds. It's a bit worrying, really.

Registered in England/Wales under the registration number 13879231, with a registered address at OL6 7FW, England, Ashton-Under-Lyne, Greater Manchester, Suite 204 Ashton Old Baths, Stamford Street West.

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