Pole Junkie Ltd

Pole Junkie Ltd, based in Glasgow, UK, is a small holding company with an active status. Founded eight years ago in 2017, it employs nine people and holds £2,502,357 in assets. The company operates from a real address and is led by one director and two owners, with a solo founder at its core. Its e-commerce site showcases a wide range of pole wear, attracting a 5.0 Google rating from eight reviews. Pole Junkie regularly imports footwear and related items, with 138 months of import activity recorded, and exports clothing and accessories (excluding knitted or crocheted items) for five months.

The company’s website, Pole Junkie, is a vibrant online store specializing in pole wear from various brands. It offers a diverse selection of tops, shorts, boots, and accessories, catering to polers of all levels. The site’s design is modern and visually appealing, with high-quality product images and detailed descriptions. It also features a blog with articles on pole dancing techniques, fitness tips, and style inspiration. The website clearly aims to be a one-stop shop for all things pole wear, with a focus on quality, style, and customer service.

Financially, Pole Junkie Ltd presents a mixed picture. Creditors decreased by 83%, falling to £2,100, suggesting improved debt management. However, cash bank on hand plummeted 50%, dropping to £150,000. Bank borrowings remained steady at £89,000, and trade debtors increased significantly by 170%, reaching £260,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves warrants attention. There’s no auditor mentioned, likely due to its small company status, so the figures are unaudited.

The company’s dividend per share increased by 71%, reaching £100,000, which is a positive sign, but the decrease in cash reserves and increase in trade debtors suggests that the company is relying on credit and may be facing cash flow challenges. The company’s success is tied to its ability to maintain its strong online presence and attract and retain customers, but the financial trends indicate a need for careful management and a focus on improving cash flow.

Registered in Scotland under the registration number SC559793, with a registered address at G52 4JU, Scotland, Glasgow, 11 Earl Haig Road, Hillington Park.

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