Sportio Limited

Sportio Limited is a small, active company based in Walsall, West Midlands, UK. Founded 30 years ago in February 1995, it’s a family-run business with five employees and £149,057 in assets. The company operates an e-commerce site and has a real registered address, overseen by one director and owner, Kharabanda Ajoy. It specializes in the retail sale of clothing, footwear, and safety trainers, catering to a niche market of workwear and protective gear.

The company’s website, Sportio, showcases a range of comfortable work and steel-toe-cap safety trainers, emphasizing free 48-hour delivery and same-day dispatch. The site’s product listings, including options like “Black Red” and “Air Pro” trainers, suggest a focus on practical, durable footwear for industrial and commercial settings. The site also offers a blog with FAQs and contact information, demonstrating an effort to build customer relationships.

Financially, Sportio Limited presents a mixed picture. While cash reserves increased by a healthy 59% to £61,000, current assets decreased by 7.8% to £150,000. Trade debtors saw a dramatic 76% drop to £15,000, suggesting improved collection rates or reduced credit sales. However, creditors increased by 66% to £7,000, and bank borrowings decreased by 25% to £120. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in assets warrants further investigation. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Sportio Limited appears to be navigating a period of change. While the e-commerce side seems active and the company has a solid foundation, the financial figures suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03018767, with a registered address at WS2 8DF, West Midlands, 245 Stafford Street, Walsall.

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