Sportagraphs Limited

Sportagraphs Limited is a small, active company based in Warrington, UK, founded twelve years ago in 2012. With £61,588 in assets and a real registered address, it’s a family business employing just three people. Two directors and two owners, Parkinson Karen and Parkinson Kevin John, are at the helm, managing an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

The website showcases a range of sports memorabilia and framed prints, specializing in unique and personalized items. It’s clear they’re focused on providing a curated selection for sports enthusiasts, with a strong emphasis on quality and customer service. The site's design is clean and user-friendly, suggesting a modern approach to online retail.

Financially, Sportagraphs Limited’s recent performance reveals some concerning trends. While current assets decreased by 16% to £62,000, net assets experienced an even steeper decline, dropping 22% to £58,000. Cash reserves fell 11% to £49,000, and finished goods were down 31% to £12,000. Interestingly, trade debtors plummeted 97% to just £6, suggesting a focus on collecting payments quickly. However, creditors increased by 41% to £5,000, and corporation tax payable rose significantly by 420% to £1,200. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

These numbers suggest Sportagraphs Limited may be burning through cash, despite its active status. The increase in creditors and corporation tax payable, coupled with the decline in cash reserves, indicates potential financial pressures. It's possible that increased marketing efforts or investments in inventory contributed to these trends, but it's also possible that sales haven't kept pace with expenses. The company’s family-run nature and focus on a niche market could provide resilience, but careful management of cash flow will be crucial going forward.

Registered in England/Wales under the registration number 08042618, with a registered address at WA3 2GS, Warrington, Cheshire, 49 Brambling Way, Lowton.

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