Second Chance Limited

Second Chance Ltd from Fleetwood UK: a small holding company with an active status, was founded 36 years ago. The company employs 44 people and holds assets valued at £5,816,289. It operates from a virtual address and is managed by three directors and one owner. Regular importer and exporter of toys, games, and sports equipment, with 242 months of import activity and 355 months of export activity.

The company’s website showcases a distributor of sports goods with over 30 years of experience. They connect brands to retailers, buying groups, schools, and institutions across Europe, the Middle East, and Africa, specializing in golf, cycling, fishing, football, and connected sports technology. They offer a wide range of products, from golf training aids to cycling equipment and the latest fishing technology, partnering with leading brands. The site also highlights distribution services, branding support, marketing assistance, and event planning management. A comprehensive catalog section details the range of products available.

Financially, Second Chance Ltd presents a mixed picture. Accrued liabilities decreased significantly, dropping 70% to £19,000. However, amounts owed by group undertakings doubled to £2,000,000. Average employees decreased by 30%, falling to 31, and cash bank on hand dropped 24% to £610,000. Corporation tax payable jumped considerably, reaching £180,000, while prepayments plummeted 52% to £79,000. Despite these challenges, creditors decreased by 11%, and net assets increased 5% to £5,600,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in employees and increase in tax payable are worth noting. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Second Chance Ltd appears to be navigating a period of change, with both positive and negative financial trends. The company’s established presence in the sports goods distribution market and its diverse range of services suggest a resilient business model, but careful management of finances will be crucial for continued success.

Registered in England/Wales under the registration number 02335963, with a registered address at FY7 6EB, England, Fleetwood, Lancashire, 17 St Peters Place.

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