Snowpaw Ltd

Snowpaw Ltd from Wilts UK: a small, active company established 17 years ago, boasts a workforce of just three employees and holds £125,799 in assets. It's a family business with two directors and two owners, operating from a real address. Regular importer of toys, games, and sports equipment (18 months imported).

The company’s website, Snowpaw UK, showcases a range of sheepskin footwear and accessories, alongside Harris Tweed designs. Established in 2010, Snowpaw focuses on bringing quality sheepskin to the market, with a focus on classic heritage and modern design. The site offers a variety of slippers, boots, and insoles, with a focus on online sales and a commitment to customer service.

Financially, Snowpaw Ltd shows some concerning trends. While current assets remain stable at £130,000, net assets have decreased by 33% to £24,000. Bank borrowings have also decreased, falling by 65%, which is a positive sign. However, the company’s equity has seen a significant drop of 34%, suggesting a potential need to inject capital. Creditors have increased, though, by 42%, which may be related to increased stock levels. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies.

The company’s decrease in cash reserves, falling 32%, and the rise in trade debtors, increasing by 59%, suggests that Snowpaw is burning through money faster than it’s collecting payments. It's possible the company is investing in new stock or marketing efforts, but the decline in equity is a worrying sign. The business seems to be doing well in terms of sales, but it needs to manage its cash flow more effectively to ensure its long-term financial health.

Registered in England/Wales under the registration number 06502598, with a registered address at SN8 3BT, England, Wilts, Unit S The Dutch Barn Harepath Farm, Burbage.

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