Noblepro Ltd

Noblepro Ltd, based in Bury St. Edmunds, UK, is a small, active family business founded seven years ago. With £291,000 in assets and a virtual address, the company is managed by three directors and three owners. It’s a modest operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million and a balance sheet total under £5.1 million, and with fewer than 50 employees. Noblepro imports and exports toys, games, and sports equipment, though activity is irregular – just one month of imports and one month of exports recorded in the last two years.

The company's website, NoblePro, showcases a range of treadmills and fitness equipment, emphasizing a "Kinni App" for custom workouts and community engagement. They offer financing options and highlight partnerships with British product registration and delivery services. The site even features an ambassador program and a Discord community, suggesting a focus on building a loyal customer base. It’s clear they’re aiming for a premium market, with references to high-end features and British manufacturing.

Financially, Noblepro Ltd presents a mixed picture. Current assets have fallen by 23% to £290,000, while net assets have increased by 7.2% to £170,000. Bank borrowings have decreased by 17%, and cash reserves have increased dramatically by 360% to £160,000 – a very positive sign. However, trade debtors have decreased by 57%, which could indicate slower payments from customers. Creditors have also decreased by 19%, suggesting improved debt management. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems Noblepro Ltd is navigating a period of change. The substantial increase in cash reserves is encouraging, but the decrease in trade debtors warrants further attention. The company's focus on community and premium fitness equipment, alongside its British roots, could help it sustain growth in a competitive market.

Registered in England/Wales under the registration number 11170694, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suite A 82 James Carter Road, Mildenhall.

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