One Athletic Limited

One Athletic Limited, based in Rochdale, UK, is a small, holding company with an active status. Founded four years ago in April 2021, it employs just two people and holds £82,101 in assets. The company, managed by a single director and owner, boasts a respectable Google rating of 4.0 based on eleven reviews. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with recent import activity recorded just one month ago.

The company operates in the "other retail sale in non-specialised stores" industry, and its website, while not actively used for e-commerce, provides limited information. It appears to be a straightforward retail operation, likely focused on wholesale or supplying local businesses.

Financially, One Athletic Limited presents a mixed picture. Cash reserves have increased significantly, jumping to £82,000—a remarkable 8,200% growth—while creditors have also increased to £100,000. Debtors have vanished completely, dropping 100% to zero, and equity has taken a hit, falling to -£19,000. Despite these challenges, the company's small size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The accounts are unaudited, exempt due to its size, and prepared with the help of CCH software.

The sharp decline in equity, coupled with increased borrowing, suggests the company may be burning through cash to maintain operations. While the rise in cash reserves is positive, it's unclear if this is a temporary influx or a result of careful cost management. The sudden disappearance of debtors is concerning, and could indicate issues with customer payments or a shift in business practices. The company’s reliance on a single director and owner, while common for small businesses, also concentrates risk.

Registered in England/Wales under the registration number 13362225, with a registered address at OL11 5RS, England, Rochdale, 46 Bankfield Lane, Norden.

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