Reydon Sports Plc

Reydon Sports Plc, based in Nottingham, UK, is a large, active company established 31 years ago. Employing 46 people, it holds £7,796,663 in assets and operates a thriving e-commerce site with a 4.0 Google rating from five reviews. The company is a regular importer and exporter of toys, games, and sports equipment, with 419 months of import activity and 383 months of export activity recorded. It's a well-established player, with five directors and one owner, Doherty Frank Edgar, at the helm.

Reydon Sports Plc positions itself as Europe's Number One Sports Wholesaler, catering to trade customers with a vast range of products—from American football to winter essentials. Its website showcases a comprehensive catalogue, brand highlights, and even a team sports catalogue for clubs and schools. The company also offers a dropship service and actively promotes new product launches.

Financially, Reydon Sports Plc presents a mixed picture. While turnover remained steady, net assets increased by a substantial 8%, reaching £4.9 million. However, bank borrowings decreased by a significant 80%, to £200,000, and cash reserves dropped 80% to just £19,000. Creditors also decreased by 68%, to £34,000, which could indicate improved debt management. Depreciation expenses decreased by 38%, which is a positive sign. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The financial statements were audited by Ashgates Corporate Services Limited.

Overall, Reydon Sports Plc appears to be a stable, well-established business, but the decrease in cash reserves warrants attention. The company’s continued focus on e-commerce and its broad product range should help it navigate the competitive sports wholesale market.

Registered in England/Wales under the registration number 02833782, with a registered address at NG16 2AR, England, Nottingham, Unit 2 Birch Park, Giltbrook.

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