Revere Sport Ltd

Revere Sport Ltd from Leeds UK: a small, active company founded nine years ago, employs just two people, and holds £744,530 in assets. Operating from a virtual address – where 106 companies are registered – it’s a solo founder venture led by a single director and owner. The company runs an e-commerce site specializing in running armbands for iPhones and Samsung phones, along with other fitness accessories. It regularly imports leather goods, travel bags, and animal harnesses, with its last import activity recorded 36 months ago in May 2022.

The RevereSport.com website highlights its range of armbands, emphasizing their high performance and secure grip. The site also features testimonials praising the armbands’ reflective strips, comfortable fit, and touchscreen accessibility. It’s clear the company is focused on providing practical, functional accessories for runners and fitness enthusiasts. There’s also a blog section with content on health, fitness, and active lifestyles.

Financially, Revere Sport Ltd’s picture is mixed. While current assets increased by 18% to £740,000, net assets decreased by 3.1% to £660,000. Bank borrowings remained steady at £11,000, but cash reserves fell 11% to £470,000. Creditors surged by a staggering 2,600%, reaching £130,000 – a significant increase that could indicate growing operational expenses or increased reliance on credit. Trade debtors also increased by 180%, suggesting customers are taking longer to pay. The company, meeting two of three criteria for a small company, benefits from agility, but the large increase in creditors is something to keep an eye on. As a small company, it is exempt from an audit, so the financial data is unaudited.

Overall, Revere Sport Ltd appears to be a functional e-commerce business, but the sudden jump in creditors suggests it might be facing some financial pressure.

Registered in England/Wales under the registration number 10092473, with a registered address at LS18 4DH, England, Leeds, Dale House 64 Fink Hill, Horsforth.

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