Mainsport Ltd

Mainsport Ltd, based in Evesham, UK, is a small, family-run business with an active status, celebrating 43 years since its founding in 1981. The company holds £21,068 in assets and operates from a real address, managed by three directors and two owners. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of April 2022. The company operates in the other manufacturing n.e.c. industries.

While the company’s website is non-existent, the business likely operates through traditional channels or perhaps a small-scale online presence. Without a website, it’s difficult to determine the extent of its e-commerce activities or the scale of its customer base. It’s possible the company focuses on wholesale or direct sales rather than retail.

Financially, Mainsport Ltd is facing some challenges. Current assets have fallen by 22% to £21,000, and net assets have plummeted 88% to a meager £2,300. Cash reserves have also taken a hit, dropping 94% to just £1,100. Trade debtors have increased significantly, rising 450% to £2,500, which could indicate difficulties in collecting payments. On the plus side, creditors have decreased by 110%, suggesting improved management of short-term liabilities. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from flexibility, but the substantial equity decline warrants attention. The accounts are unaudited, exempt as a small company, so the figures rely on director-reported data.

In short, Mainsport Ltd is navigating a difficult financial landscape. While its long history and family ownership provide stability, the declining assets and shrinking cash reserves suggest a need for careful management. The irregular import activity and lack of an online presence also raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 01581394, with a registered address at WR11 4UP, Evesham, Worcestershire, Granary Cottage Abbots Court, Abbots Lench.

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