Sporttape Limited

Sporttape Ltd, based in Caerphilly, UK, is a small, active company founded fourteen years ago. Employing six people, the business holds £1,704,746 in assets and operates from a real address. With three directors and two owners, Sporttape Ltd runs an e-commerce site and boasts a stellar 5.0 Google rating from six reviews. The company regularly imports optical and medical tools and devices (29 months of activity) and exports plastics and plastic products (7 months).

The company's website, Sporttape, caters to athletes and sports enthusiasts, selling a wide range of tapes, bandages, and accessories. It also offers educational resources, including videos and eBooks on taping techniques, and even runs online learning courses. The site’s design is clean and modern, with a focus on product photography and easy navigation. The website also sells lifting blocks and other sports equipment.

Financially, Sporttape Ltd shows a mixed picture. Cash reserves increased by a substantial 70% to £630,000, a positive sign of improved liquidity. However, net assets also increased by 69% to £990,000, which is good. Creditors, however, increased by 44% to £400,000, which might suggest a reliance on short-term financing. Bank borrowings decreased by 21% to £110,000, which is good. 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. The increase in trade debtors by 110% to £550,000, might suggest a reliance on customer payments. As a small company, Sporttape Ltd is exempt from an audit, so the figures are unaudited. The company’s focus on quality products and customer service seems to be paying off, but managing its finances will be crucial for continued success.

Registered in England/Wales under the registration number 07231358, with a registered address at CF83 8PJ, Caerphilly, Mid Glamorgan, 1 Church Street, Machen.

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