Splashy Limited

Splashy Limited is a small, active company based in London, UK, founded four years ago. It’s a solo venture, with one director and owner—Marshall Luis Kevan—and a single employee. The company operates from a virtual address, registered at 299a Bethnal Green Road, though 134 other companies share the same location. Splashy Limited runs an e-commerce site specializing in swimwear and related products for babies, toddlers, and kids.

The website showcases a wide range of items, from baby wraps and wetsuits to floatation devices and toys. It caters to both retail and wholesale customers, with a focus on quality and safety. The site’s extensive product categories, including “Learn to Swim” and “Adult Swimming,” suggest a comprehensive approach to water-based recreation. The site also features a blog with helpful guides on topics like choosing the right wetsuit and ensuring baby’s safety in the water.

Financially, Splashy Limited shows a mixed picture. While the company has £26,000 in retained earnings, its net assets have remained steady at £13,000. Property, plant, and equipment is valued at £25,000, and the company has £20,000 in total inventories. Creditors are at £33,000, and the company has £1500 in computer equipment. The lack of significant growth in key areas like turnover is noticeable, and the reliance on bank borrowings—currently at £29,000—suggests a need for careful cash flow management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), Splashy Limited benefits from simplified accounting and regulatory requirements. The accounts are unaudited and exempt from audit, relying on director-reported data.

The company's focus on a niche market—baby and kids' swimwear—could be a strength, but the financial figures suggest it's facing challenges in scaling its operations. The lack of employee growth, combined with the reliance on bank borrowings, indicates a need for increased revenue generation or improved cost control.

Registered in England/Wales under the registration number 12651641, with a registered address at E2 6AH, England, London, 299a Bethnal Green Road.

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