My Outdoor Leisure Ltd

My Outdoor Leisure Ltd is a small, active company based in London, UK, founded seven years ago in 2017. With a single employee and £20,344 in assets, it operates from a virtual address shared by many other businesses, suggesting a lean operation. The company is led by one director and owner, Leslie Duane, and runs an e-commerce site.

The company specializes in retail sale via mail order houses or via internet, offering hot tubs and swim spas, alongside pergolas, shade solutions, and heat pumps. Its website showcases a range of products, from affordable options like the Clare Spa 3 to high-end swim spas like The Constable, with a focus on UK-designed products and up to five-year guarantees. Customer testimonials highlight the enjoyment families get from the products, emphasizing relaxation and wellness.

Financially, My Outdoor Leisure Ltd presents a mixed picture. Cash bank on hand increased by 58% to £15,000, which is good news. However, net assets decreased by 26% to -£1,200, indicating that the company is burning through cash. Bank borrowings increased significantly, rising by 620% to £3,300, and creditors also increased by 73% to £13,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the declining equity and increased borrowing suggest it’s facing financial pressures. There's no auditor mentioned, which is common for small companies. It seems like the company is trying to grow, but it’s important to keep an eye on its cash flow.

Registered in England/Wales under the registration number 10893446, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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