South Yorkshire Shooting Supplies Limited

South Yorkshire Shooting Supplies Ltd from Barnsley UK is a small, active company founded 21 years ago. With two employees and £235,566 in assets, it’s a family business operating from a real address. The company has three directors and two owners and maintains a 5.0 Google rating from 20 reviews. It’s an e-commerce site specializing in shooting supplies and irregularly imports art and antiques, with the last import operation occurring one month ago in June 2020.

The company’s website, Rimfire Magic, is a well-established online retailer of shooting equipment, offering a wide range of products from rifles and ammunition to cleaning supplies and accessories. The site also features a blog with detailed information on various shooting-related topics, including rifle modifications and ammunition reloading. It seems they are also involved in high-end rifle restoration, with a section dedicated to the Summit straight-pull bolt action rifle. The website’s extensive content and detailed product descriptions suggest a deep understanding of the shooting sports industry.

Financially, South Yorkshire Shooting Supplies Ltd shows a mixed picture. Cash bank on hand increased by a substantial 33% to £120,000, which is a positive sign. However, net current assets liabilities jumped dramatically, increasing by 4700% to -£290. Trade creditors also decreased by 30%, suggesting improved debt management. While the company’s small size (meeting two of three criteria for being a small company) allows for agility, the sharp increase in liabilities raises some questions. The company’s retained earnings accumulated losses increased by 310%, which is a significant change. The lack of an auditor mentioned suggests they are exempt as a small company, relying on unaudited statements.

It appears the company is doing well in terms of cash flow and customer satisfaction, but managing its short-term liabilities will be key to its continued success. The website’s comprehensive product range and detailed information suggest a strong understanding of the shooting sports market, but the financial data indicates a need for careful monitoring and strategic planning.

Registered in England/Wales under the registration number 04826728, with a registered address at S73 0YQ, Barnsley, South Yorkshire, 178 Everill Gate Lane, Broomhill Wombwell.

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