Needle Sports (keswick) Ltd

Needle Sports (Keswick) Ltd, based in Keswick, UK, is a small, active company established fourteen years ago in 2010. With a real address at 56 Main Street, the company employs fourteen people and holds assets totaling £601,127. Two directors and one owner manage the business, which operates an e-commerce site and enjoys a stellar 5.0 Google rating from 150 reviews. The company is an irregular importer, primarily bringing in various textile products, sets, used clothing, and rags, with the most recent import activity occurring in May 2024.

Beyond its online retail presence, Needle Sports caters to the outdoor adventure community, offering a wide range of mountaineering, rock climbing, fell running, and winter sports equipment. The website showcases a wealth of information, including advice on climbing techniques, gear recommendations, and local weather conditions. It also features a comprehensive selection of books, media, and clothing, alongside equipment from brands like Black Diamond, Montane, and Scarpa.

Financially, Needle Sports shows a mixed picture. Cash and bank holdings increased by 37% to £18,000, while current assets rose by 9.2% to £600,000. However, net assets grew significantly by 33% to £360,000, and bank borrowings decreased substantially by 95% to £2,800. Trade debtors increased by 50% to £75,000, suggesting a reliance on customer payments, and creditors decreased by 14% to £250,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in debtors could indicate some challenges in collecting payments. As a small company, Needle Sports is exempt from an audit, so the figures are unaudited. It’s likely that the business is doing well, but the increase in debtors is something to keep an eye on.

Registered in England/Wales under the registration number 07438637, with a registered address at CA12 5JS, Keswick, 56 Main Street.

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