P.y Sports Ltd

P.y Sports Ltd, based in Hereford, UK, is a small, active company established seventeen years ago. With three employees and £367,936 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items), with eleven months of import activity recorded, the latest in November 2024. It's a wholesale business, operating in the clothing and footwear industries.

The company’s website is minimal, offering little insight beyond its core business. It appears to be primarily a B2B operation, focused on supplying wholesale customers rather than direct-to-consumer sales. There's no obvious e-commerce presence, suggesting a reliance on established relationships and trade channels.

Financially, P.y Sports Ltd presents a mixed picture. While cash reserves grew by 9.6% to £300,000, trade debtors increased by 23% to £61,000, potentially indicating slower customer payments. Creditors also rose significantly, by 62% to £61,000, which could be due to increased stock purchases to support import activity. Despite a 9% increase in current assets to £370,000, net assets only grew by 7% to £280,000. 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 flexibility, but the rise in creditors suggests it’s managing its finances carefully. There's no mention of an auditor, which is common for small, exempt companies. Accumulated depreciation on computer equipment increased by 9%, and furniture fittings by 27%, reflecting ongoing investment in the business.

Registered in England/Wales under the registration number 06495987, with a registered address at HR1 4BS, England, Hereford, Herefordshire, 27 Quarry Field Lugwardine.

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