Skibz Limited

Skibz Limited, based in Sturminster Newton, UK, is a small, family-run business with an active status. Founded 16 years ago in 2008, it employs just three people and holds £29,562 in assets. Operating from a virtual address – with 32 other companies registered at the same location – the company is led by three directors and owned by two individuals. It’s a thriving e-commerce site with a perfect 5.0 Google rating based on a single review.

The company specializes in baby clothing and accessories, particularly its original bandana bibs, which it markets as “the original” and frequently copied. Its website showcases a wide range of products, including reversible dribble bibs, organic bibs, hats, gloves, and inflatable animal hoppers. It also offers a selection of innovative baby gifts and accessories, with a focus on British craftsmanship. The site highlights awards, celebrity endorsements, and a commitment to customer reviews.

Financially, Skibz Limited presents a mixed picture. While its small size (meeting two of three criteria for a small company) allows for agility, there are some concerning trends. Cash bank on hand dropped by 25% to £19,000, and current assets decreased by 33% to £30,000. Creditors, however, fell by a significant 69% to £13,000, suggesting improved debt management. Equity saw a substantial increase of 290% to £20,000, but the decrease in cash reserves and assets warrants closer attention. With no auditor mentioned, the unaudited financial statements rely on director-reported data.

Overall, Skibz Limited appears to be a well-regarded e-commerce business, but the financial data suggests it's burning through cash. The company's success hinges on maintaining its brand reputation and attracting new customers to offset the declining reserves.

Registered in England/Wales under the registration number 06736860, with a registered address at DT10 2LL, Sturminster Newton, Dorset, Manchester House High Street, Stalbridge.

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