Mountain Adventure Wear Limited

Mountain Adventure Wear Limited, based in Belper, UK, is a small, active company founded 14 years ago. With two employees and £5,392 in assets, it’s a solo-founded operation managed by two directors and one owner. The company operates in the retail sale via mail order houses or via internet industries, offering a range of team-building and charity fundraising events, including the popular Yorkshire 3 Peaks Challenge. Its website showcases a wide array of outdoor adventures, from climbing the Lake District's 10 Peaks to traversing the challenging Cuillin Ridge.

The company's focus is on providing personal service to small groups, restricting sizes on sensitive events like the Three Peaks Challenge to minimize environmental impact. They’re also promoting eco-friendly challenges, aiming to benefit the local community in the Lake District. The website, while well-designed, is a bit confusing, with links to Activus Group and Challenge Ireland. Tony, on 07796 263309, is the contact for further information.

Financially, Mountain Adventure Wear Limited is showing some concerning trends. Cash reserves have plummeted 92% to just £690, while bank borrowings increased 13% to £15,000. Creditors also rose 13% to £15,000, and current assets dropped 60% to £5,400. Equity has taken a hit, falling 47% to -£30,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the sharp decline in equity and cash suggests it’s burning through money. The unaudited accounts, prepared using VT Final Accounts, don’t mention an auditor. It’s possible the company is struggling to maintain profitability despite its niche focus on outdoor adventure events.

Registered in England/Wales under the registration number 07248475, with a registered address at DE56 1HX, England, Belper, Derbyshire, 18 The Butts.

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