Skatewarehouse Limited

Skatewarehouse Ltd, based in Okehampton, UK, is a small, active company established nine years ago. With four employees and £294,314 in assets, it operates a thriving e-commerce site specializing in skateboards, scooters, and related gear, earning a stellar 5.0 Google rating from 52 reviews. The company regularly imports toys, games, and sports equipment, with the last import operation occurring in November 2024. It has three directors and one owner, Harrison William, who also serves as a director.

The Skatewarehouse website is a comprehensive online retailer, offering a vast selection of skateboards (complete, art packs, custom builds), scooters (recreational, stunt), and roller skates, along with protective gear, clothing, and accessories. It caters to all skill levels, from beginners to experienced riders, and features a wide range of brands, including Venom, SFR, and Bullet. The site also includes helpful buyer’s guides and a blog with tips and advice for skaters.

Financially, Skatewarehouse Ltd presents a mixed picture. Accumulated depreciation for furniture fittings increased by 22%, while motor vehicle depreciation rose by 3.9%. Cash bank on hand saw a significant jump of 200%, reaching £70,000, which is a positive sign. However, creditors increased by 12%, reaching £150,000, and debtors soared by an astonishing 5600%, hitting £20,000—a potentially worrying trend suggesting delayed payments from customers. Equity, however, has seen a substantial increase of 160%, reaching £150,000, indicating a stronger financial foundation. The company's small size (meeting two of three criteria for being small) allows it to remain agile, but the rapid increase in debtors needs monitoring. No auditor is mentioned, which is common for small, exempt companies. Overall, Skatewarehouse Ltd seems to be doing well, with a strong online presence and a loyal customer base, but the company should keep a close eye on its receivables.

Registered in England/Wales under the registration number 09624644, with a registered address at EX20 1RR, England, Okehampton, Devon, Skatewarehouse Ltd, Brightley Mill.

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