Sneakersnstuff Ltd

Sneakersnstuff Ltd from Addlestone UK is a small, active company founded eleven years ago in 2013. With thirteen employees and £2,557,025 in assets, it operates from a virtual address – thirty-three companies registered at the same location – and is led by one director and three owners. The company regularly imports and exports footwear and related items, with 173 months of import activity and twelve months of export activity recorded.

The company's website showcases a curated selection of sneakers and streetwear, offering a wide range of brands like Nike, Jordan, Adidas, and New Balance. It operates an e-commerce platform with a robust online store, offering both domestic and international shipping. The website also features editorial content, highlighting trends and showcasing collaborations, indicating a focus on brand building and community engagement.

Financially, Sneakersnstuff Ltd’s recent report reveals some interesting trends. Current assets have decreased by 22%, dropping to £2,600,000, while net assets have fallen 10%, reaching £300,000. Cash reserves have increased significantly by 99%, jumping to £720,000, which is a positive sign. However, trade debtors have plummeted by 71%, suggesting a potential issue with customer payments, and creditors have risen by 140%, indicating increased borrowing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in debtors warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Sneakersnstuff Ltd appears to be navigating a period of change. While the increased cash reserves are encouraging, the decrease in debtors and rise in creditors suggest a need for careful financial management. The company’s strong online presence and brand focus position it well for future growth, but addressing these financial challenges will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 08800017, with a registered address at KT15 2LE, Addlestone, Surrey, Dixcart House Addlestone Road, Bourne Business Park.

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