Rival Boxing Gear Uk Ltd

Rival Boxing Gear Uk Ltd from Daventry UK: a small, active company founded eight years ago, employs three people, and holds £1,618,315 in assets. It's a solo-founder operation with two directors overseeing the business, operating from a real address. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 46 months of import activity and 41 months of export activity recorded.

The company’s website showcases a wide range of boxing and fitness equipment, from gloves and protective gear to training tools and apparel. It operates an e-commerce site, selling directly to consumers and offering a variety of collections, including the Guerrero Collection and the Future Series. The site also highlights tech innovations and custom personalization options, alongside a blog and social media presence. It seems like they’re really trying to build a brand, with a focus on quality and innovation.

Financially, Rival Boxing Gear Uk Ltd shows a mixed picture. Current assets increased by 22%, reaching £1,300,000, while net assets grew by 24%, hitting £1,400,000. Bank borrowings increased by 400%, reaching £29,000, and cash reserves grew by 32%, reaching £640,000. Creditors increased by 13%, reaching £280,000. The number of employees increased by 33%, with four people now employed. Future minimum lease payments under non-operating leases, however, increased by a massive 400%, reaching £810,000—a significant jump that could indicate expansion or new commitments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in lease payments warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s income from related parties decreased by 60%, which could be a sign of changing business relationships. Overall, Rival Boxing Gear Uk Ltd appears to be growing, but the increased lease payments and decreased income from related parties are factors to watch.

Registered in England/Wales under the registration number 10316127, with a registered address at NN11 4SA, United Kingdom, Daventry, Northamptonshire, 1 West March, West March Industrial Estate.

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