Outdoorgear Group Ltd

Outdoorgear Group Ltd, based in Bournemouth, UK, is a 76-year-old holding company with an active status. Founded in 1948, it employs twelve people and maintains a real address, managed by eleven directors and one owner. The company operates an e-commerce site and boasts a stellar 5.0 Google rating from 76 reviews. It’s a regular importer, specializing in textile products, used clothing, and rags, with 18 months of import activity recorded up to August 2023.

The company’s website suggests a retail focus, operating through mail order and internet sales, alongside warehousing and storage for land transport activities. It also appears to be involved in head office industries. A quick search reveals a history stretching back decades, previously operating under names like Oswald Bailey Group Limited and Oswald Bailey Limited.

Financially, Outdoorgear Group Ltd’s report shows some concerning trends. While turnover remained steady at £61,000, net assets took a significant hit, plummeting 68% to £130,000. Bank borrowings increased by 14%, reaching £190,000, and cash reserves fell 30% to £28,000. Creditors, however, decreased by 18%, potentially indicating improved debt management. The company’s small size allows for agility, but the substantial equity drop warrants attention. The report was unaudited, as the company is exempt from audit as a small company.

The company's directors include Bailey Stephen Martin Frederick, Bailey Hilary Anne Francesca, Bailey Nicola Rosalind Eve, Wheeler Alison Rachael, and Bailey Julie Carol. The company's auditor is Morris Lane. While the business maintains a strong online presence and positive customer reviews, the financial data suggests a period of challenge.

Registered in England/Wales under the registration number 00454174, with a registered address at BH1 4JT, Bournemouth, Dorset, 72/74 Palmerston Road, Boscombe.

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