Skate Sale Limited

Skate Sale Limited is a small, active company based in Worcester, UK, founded 17 years ago. The business, with £22,245 in assets, operates an e-commerce site selling a wide range of skating and scooting equipment, including inline skates, scooters, and protective gear. It’s a family-run operation with three directors and one owner, Johansen-berg John Mark. The company’s registered address is real, with only one other business registered at the same location.

The website, SkateBritain, is a vibrant online marketplace catering to skaters of all levels. It offers a comprehensive selection of products, from beginner-friendly gear to high-performance equipment, and even offers skate gift vouchers. The site’s blog features guides and reviews, reinforcing its position as a knowledgeable resource for the skating community. The site also boasts a loyalty scheme and free UK delivery over £75, indicating a focus on customer retention.

Financially, Skate Sale Limited shows a mixed picture. Current assets have decreased by 3.3% to £22,000, and net assets have also fallen by 5.7% to £12,000. Bank borrowings have increased, and cash reserves have declined significantly by 82%, dropping to just £430. While creditors remain stable, the decrease in cash and the increase in debt suggest the company is facing some financial pressure. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity raises questions about its long-term sustainability. The company’s accounts are audited, and the financial statements are prepared by IRIS Accounts Production software. No senior statutory auditor is mentioned, likely due to the company’s small size and exemption from certain reporting requirements. Overall, Skate Sale Limited appears to be navigating a challenging financial landscape, relying on its strong online presence and loyal customer base to weather the storm.

Registered in England/Wales under the registration number 06555598, with a registered address at WR2 5AG, Worcester, 31 St. Johns.

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