Outdoorgear Uk Limited

Outdoorgear Uk Ltd from Bournemouth UK is a small, active company founded 26 years ago. With eight employees and £6,050 in assets, it’s a family business managed by eight directors and three owners. The company operates in the retail sale via mail order houses or via internet industries, and has a real registered address.

The company’s website, outdoorgear.co.uk, showcases a wide range of outdoor gear, from tents and sleeping bags to hiking boots and camping stoves. It appears to be a fully functional e-commerce site, allowing customers to browse products, add items to their cart, and complete purchases online. The site is well-designed and easy to navigate, with clear product descriptions and high-quality images.

Financially, Outdoorgear Uk Ltd's recent performance presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 34%, while accumulated depreciation impairment property plant equipment rose by 44%. The number of employees increased by 12%, indicating growth, but cash bank on hand remained steady at £45. Creditors surged by 210%, suggesting increased reliance on short-term financing, and debtors plummeted by 95%, which could be a concern. Equity also took a hit, decreasing by 140%. Despite these challenges, fixed assets increased by 400%, showing investment in long-term assets. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, so the figures are unaudited.

The significant decrease in both current assets and net assets is notable, and the rise in creditors suggests the company may be burning through cash faster than it's generating revenue. However, the increase in fixed assets indicates a commitment to long-term growth, and the continued operation of the e-commerce site suggests a loyal customer base. It is important to note that the financial data is presented without an auditor, which limits the ability to verify the accuracy of the information.

Registered in England/Wales under the registration number 03731808, with a registered address at BH1 4JT, Bournemouth, Oswald House, 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.