Oh Shi Boom Ltd

Oh Shi Boom Ltd from Hull UK is a small, active company founded 12 years ago. While the business has a real address and a single director and owner, its accounts and confirmation statements are three years overdue. The company holds £21,281 in assets and operates in the non-specialised wholesale trade, as well as retail via mail order houses or via internet.

The company’s website, OhShiBoom, focuses on a niche market: blank firing grenades. The site showcases the Colour Shock BFG, a British-made impact-detonated blank firing grenade, with a dedicated section detailing its features, compatibility, and even a sale section. The website also features a blog, contact information, and a cart system, suggesting a direct-to-consumer e-commerce model. It's clear the company is focused on a specific product line and caters to airsofters and enthusiasts.

Financially, Oh Shi Boom Ltd presents a mixed picture. Cash bank on hand has fallen significantly by 62%, dropping to £1,600. Creditors have risen sharply by 240%, reaching £7,700, and debtors have increased dramatically by 340%, hitting £14,000. However, current assets have also increased by 120%, reaching £21,000, and total equity has grown by 23%, reaching £14,000. Depreciation charges have remained steady, but property plant equipment has decreased by 81%, which could be a concern. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and the lack of an auditor mentioned suggests an exemption as a small company.

Overall, Oh Shi Boom Ltd appears to be burning through cash, with rising debts and a decrease in readily available funds. While the company’s niche product and active website suggest potential, the financial data raises questions about its long-term sustainability. The increase in debtors could be a sign of delayed payments, or perhaps an expansion of credit terms to boost sales—but it’s something to watch closely.

Registered in England/Wales under the registration number 08467952, with a registered address at HU7 4LR, England, Hull, 63 Hucknall Garth, Bransholme.

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