Maths Gear Ltd

Maths Gear Ltd from Rake, UK: small company, active status, founded 13 years ago, £41,923 assets, real address, 2 directors, 2 owners. Regular importer of toys, games, and sports equipment (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £41,923. The company operates in the other business support service activities n.e.c. industries. Officially, it has two owners or PSCs, two directors and no number of employees published. The company is a regular importer, with its top import category being Toys, games, and sports equipment, totaling 3 months of imports. The last import operation was conducted on September 01, 2021.

Maths Gear’s website is a fascinating blend of mathematical curiosities and educational resources. It’s primarily an e-commerce platform selling a wide range of mathematical toys, puzzles, games, books, and even apparel. The site showcases a diverse collection, from classic dice and Rubik’s cubes to more obscure items like the Dodecaplex Puzzle and the Extensor Construction Kit. There’s also a section dedicated to “Festival of the Spoken Nerd” merchandise, suggesting a connection to a popular science comedy show. The website doesn't seem to be a large-scale operation, with a simple cart and checkout process. It’s clear that Maths Gear caters to a niche market of maths enthusiasts, educators, and those seeking unique gifts. They have a mailing list, which is a good sign of engagement.

Financially, Maths Gear Ltd presents a mixed picture. Current assets have decreased by 30% to £42,000, while equity has fallen by 24% to £38,000. Bank borrowings are not mentioned, but creditors have significantly dropped by 55%, which is a positive sign. The company’s small size helps it stay nimble, but the decline in assets and equity raises some concerns. It's worth noting that the company has elected not to include a copy of the income statement within the financial statements, and the accounts are unaudited, which is typical for small companies. The accounts are prepared in accordance with the micro-entity provisions and FRS 105. The directors acknowledge their responsibilities under the Companies Act, and members have not required an audit.

Overall, Maths Gear Ltd appears to be a small, specialized business navigating the challenges of a competitive market. While the financial data suggests some pressure, the company’s unique product offering and engaged customer base could provide a foundation for future growth.

Registered in England/Wales under the registration number 07793077, with a registered address at GU31 5DU, England, Rake,, Hampshire, Unit F3 Rake Industries, Canhouse Lane.

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