Shok Activewear Ltd

Shok Activewear Ltd, based in Leicester, UK, is a small, active company founded five years ago. With £4,096,644 in assets and a virtual address, the firm employs seven people and is led by one director and two owners. Boasting a perfect 5.0 Google rating from a single review, Shok Activewear is a regular importer of clothing and accessories made by knitting or crocheting, with 84 months of import activity recorded, the latest in November 2022.

The company operates in the non-specialised wholesale trade industries, and its website is currently unavailable, making it difficult to assess its online presence. It’s unclear whether Shok Activewear operates an e-commerce site or relies solely on wholesale channels.

Financially, Shok Activewear Ltd presents a mixed picture. Accumulated depreciation for computer equipment increased by 40%, while furniture fittings saw a 36% rise. Cash bank on hand improved by 28% to £310,000, however, creditors decreased by a staggering 89%, and net assets plummeted 140% to a negative £100,000. Trade debtors fell by 60%, suggesting better collection efforts, but the significant equity drop is concerning. The company qualifies as small, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which helps maintain agility. With no auditor mentioned, the financial statements are unaudited.

Overall, Shok Activewear Ltd is navigating a period of change. While cash reserves are up, the negative equity and rising depreciation suggest the company is burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company’s active import status and wholesale focus indicate a continued presence in the market.

Registered in England/Wales under the registration number 12590982, with a registered address at LE5 4LE, England, Leicester, 109 Coleman Road.

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