Shoretees Ltd

Shoretees Ltd, based in Fareham, UK, is a small, active company founded four years ago. With a single employee and £21,788 in assets, it’s a solo founder operation led by a director and owner. The business operates an e-commerce site with a stellar 5.0 Google rating from 14 reviews, selling stylish SUP apparel.

The website, Shoretees SUPwear, showcases a range of recycled and sustainable clothing inspired by watersports. The brand emphasizes its commitment to the environment, offering a choice that avoids fast fashion. Products include unisex tees, hoodies, and outer wear, with a focus on recycled materials. The site highlights tracked delivery, a 21-day return policy, and SSL secure checkout – standard features for a modern online retailer.

Financially, Shoretees Ltd presents a mixed picture. Cash bank holdings increased significantly by 220% to £4,700, a positive sign. However, net assets decreased by 20% to -£21,000, and creditors rose by 110% to £5,600. Trade debtors, however, turned negative at -£360, which could indicate difficulties collecting payments. The company's small size (meeting two of three criteria for a small company) helps it remain flexible, but the equity decline suggests it’s burning through cash. With no auditor mentioned, the financial statements are unaudited.

Despite these challenges, Shoretees Ltd’s strong Google rating and commitment to sustainability indicate a loyal customer base. Whether the company can maintain this momentum and improve its financial health remains to be seen, but its focus on a niche market and eco-friendly products positions it for potential growth.

Registered in England/Wales under the registration number 12931160, with a registered address at PO16 0RP, England, Fareham, Hampshire, 60 Earls Road.

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