Speedy Feet Ltd

Speedy Feet Ltd, based in Cinderford, UK, is a small, active family business founded ten years ago. With a single employee and £154,024 in assets, it operates from a real address and is overseen by one director and two owners. The company, which has a stellar 5.0 Google rating from 46 reviews, runs an e-commerce site specializing in electric unicycles, e-scooters, and related parts. It’s a regular importer of vehicles, parts, and accessories—though only for six months, with the last import operation occurring in May 2022.

The company’s website, Speedy Feet, is clearly focused on selling electric personal vehicles. It offers a range of unicycles and scooters from brands like Inmotion, Kingsong, and Begode, along with protective gear and parts. The site emphasizes real-world performance, reliability, and expert advice, and features a YouTube channel with honest reviews. It’s a modern e-commerce operation, with a focus on customer service and a wide selection of products.

Financially, Speedy Feet Ltd presents a mixed picture. Current assets have decreased by 31% to £150,000, while net assets remain stable at £160,000. Bank borrowings have decreased by 17% to £28,000, and cash reserves have increased significantly by 600% to £15,000. Creditors have also decreased by 17%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. However, a notable increase in trade debtors by 26% could indicate challenges in collecting payments. The company is exempt from an audit, so the numbers are unaudited. Loans from directors have decreased by 6700%, which is a significant change.

Overall, Speedy Feet Ltd appears to be navigating a period of change. While its e-commerce operations are thriving, the financial data suggests some adjustments are needed to ensure long-term stability.

Registered in England/Wales under the registration number 09388724, with a registered address at GL14 2YD, England, Cinderford, Drake House, 1 Pavilion Business Park, Speculation Road, Forest Vale Industrial Estate.

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