Simply Cricket Limited

Simply Cricket Limited, based in Freston, Suffolk, is a small, active family business founded twelve years ago in 2012. With three directors and three owners, the company employs just three people and holds £8,871 in assets. It operates from a real address and boasts a perfect 5.0 Google rating based on a single review. The business primarily retails sports goods, fishing gear, camping goods, boats, and bicycles, and occasionally imports toys, games, and sports equipment, with its last import operation recorded in 2016.

The company’s website describes a retail operation focused on sports equipment. It's not clear if they have an e-commerce presence, but the site suggests a focus on providing a range of sporting goods. The business operates within a competitive market, facing challenges from larger retailers and online marketplaces.

Financially, Simply Cricket Limited presents a mixed picture. Cash reserves have dwindled significantly, falling by 97% to just £4. The company’s liabilities are substantial, with creditors remaining constant at £19,000. Net assets are in the negative, sitting at -£11,000, a 5.5% increase from the previous year. Trade debtors have disappeared entirely. Despite these challenges, creditors have remained stable, suggesting some level of debt management. The company's small size—meeting two of three conditions for being classified as small—helps it maintain agility. As a small company, it is exempt from an audit, and the financial statements are unaudited.

In conclusion, Simply Cricket Limited appears to be navigating a difficult financial period. While it maintains a positive reputation and operates within a niche market, its declining cash reserves and negative equity raise concerns about its long-term sustainability. It’s clear that the company is facing challenges, and it will be interesting to see how it responds in the coming years.

Registered in England/Wales under the registration number 08120720, with a registered address at IP9 1AH, Suffolk, Curium The Street, Freston.

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