Racquet Sports Group Limited

Racquet Sports Group Limited is a small, holding company based in Emsworth, UK, with an active trading status. Founded twelve years ago in May 2012, it employs six people and holds £3,001,683 in assets. The company has a real registered address and is overseen by one director and one owner. It regularly imports electrical machinery and equipment (five months of import activity) and exports toys, games, and sports equipment (twenty months of export activity).

The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles industries. Its website, while simple, directs visitors to “Visit Us,” suggesting a physical retail presence. It’s likely that the company is running an ecommerce site as well.

Financially, Racquet Sports Group Limited shows some interesting trends. Cash reserves have increased dramatically by 1400%, reaching £120,000—a very positive sign. However, accumulated depreciation impairment for plant and machinery has increased by 20%, and trade debtors have decreased significantly by 51%, which could be a cause for concern. Creditors have also risen by 34%, indicating a greater reliance on short-term financing. Despite these fluctuations, the company’s net assets have increased by 37% to £2,500,000, and its fixed assets have increased by 20% to £1,400,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increased creditors and decrease in debtors are worth monitoring. The company’s unaudited financial statements do not mention an auditor.

Registered in England/Wales under the registration number 08083410, with a registered address at PO10 7PW, United Kingdom, Emsworth, Hampshire, Unit 3 Station Approach, North Street.

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