Only Sport Limited

Only Sport Ltd from Glasgow UK: a small, active company founded 20 years ago, is facing some challenges. Accounts are overdue by four months, and confirmation is also outstanding by one month. The business employs eleven people and holds assets valued at £216,446. With two directors and a solo founder at the helm, the company maintains a perfect 5.0 Google rating from 37 reviews. It regularly imports clothing and accessories made by knitting or crocheting, with three months of import activity, and occasionally exports machinery parts – just one month of export activity recorded.

The company operates a retail business, selling teamwear, footballs, and equipment from top brands like Joma, Kappa, and Mitre. Its website showcases a wide range of products, including team bundles, club shop items, and training equipment. The site even offers personalisation services and highlights its family-run nature. The business also has a catalogue of Joma products available for viewing.

Financially, Only Sport Ltd is showing some concerning trends. Current assets have decreased by 3.9% to £220,000, while net assets have fallen by a significant 480% to -£37,000. Bank borrowings have decreased by 23%, and cash reserves have fallen by 12% to £54,000. Creditors have increased by 28%, which could indicate a reliance on short-term financing. The company meets the criteria to be considered a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

While the company maintains a strong online presence and positive customer reviews, the financial data suggests it's burning through money. The decrease in equity is a particular cause for concern, and it will be interesting to see if Only Sport Ltd can turn things around.

Registered in Scotland under the registration number SC282135, with a registered address at G52 4BL, Scotland, Glasgow, Strathclyde, St Andrews House, 385 Hillington Road.

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