Phoenix Running Ltd

Phoenix Running Ltd, based in Walton-On-Thames, UK, is a small, active company founded nine years ago. With £35,061 in assets and a real address, it's a solo founder operation managed by two directors and one owner. The company holds a respectable 4.0 Google rating from three reviews and operates as an irregular importer, bringing in miscellaneous metal items for a couple of months, with the last import occurring in August 2024.

The company’s website showcases a vibrant business centered around running events. It’s not a straightforward e-commerce site; instead, it acts as a hub for organizing and promoting various running challenges, virtual runs, and loyalty programs like the "Phoenix Passport Club." The site highlights a strong community focus, with sections dedicated to athlete recognition, awards, and even a "Well Wishes Wall." They also offer merchandise and apparel, and have a franchise program. The website’s tone is positive and encouraging, emphasizing inclusivity and supporting runners of all levels.

Financially, Phoenix Running Ltd shows a mixed picture. Current assets have increased by a substantial 85% to £35,000, a positive sign. However, net assets also increased by 4.8% to £270,000. Bank borrowings remain unchanged, and cash reserves have doubled to £32,000. Creditors decreased by 30%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is common for small, exempt companies.

The company’s growth in assets and cash reserves is encouraging, but the decrease in creditors could indicate a reliance on short-term financing. The irregular import activity suggests a potentially volatile supply chain. It’s likely the company is reinvesting profits into event organization and marketing, which is a common strategy for businesses focused on community engagement and experience-based services.

Registered in England/Wales under the registration number 09917717, with a registered address at KT12 5NS, United Kingdom, Walton-On-Thames, Surrey, 8 Felcott Road, Hersham.

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