Sportax Ltd

Sportax Ltd from Bolton UK: a small, active company founded 28 years ago, employs four people, and holds £2,843,545 in assets. Operating from a virtual address, the company is managed by three directors and one owner. It’s a regular importer of leather goods, travel bags, and animal harnesses (225 months imported) and a regular exporter of clothing and accessories made by knitting or crocheting (49 months exported).

Sportax Ltd acts as the UK and Ireland appointed wholesale distributor for Nike and Jordan branded accessories, serving the athlete ecosystem with products across categories like running, basketball, and golf. More recently, it's taken on the role of distributor for the Dakine brand, known for its backpacks, travel bags, and apparel. The company operates from a registered address in Radcliffe, and its website highlights a focus on wholesale distribution, with a "trade login" section indicating a business-to-business model. It also has a registered company number of 04066918.

Financially, Sportax Ltd shows some positive trends, but also some areas of concern. Cash bank on hand has increased dramatically, jumping 710% to £100,000, a good sign. Current assets have also risen by 12%, reaching £2,800,000. However, net assets have increased by 9.7%, to £2,200,000, and creditors have increased by 22%, to £600,000. Trade debtors have also increased, by 8.6%, to £2,700,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a need to manage debt carefully. The company is exempt from audit, so the figures are unaudited.

The company’s financial statements were authorised on June 28, 2024, and are prepared in accordance with FRS 102. The directors acknowledge their responsibilities for accounting records and the preparation of financial statements.

Registered in England/Wales under the registration number 03203633, with a registered address at BL1 4BY, Bolton, Lancashire, Carlyle House, 78 Chorley New Road.

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