Stichd Sportmerchandising Uk Ltd

Stichd Sportmerchandising Uk Ltd from Warwick UK is a large holding company with an active status, founded seventeen years ago. Employing fifty-two people, the company holds assets worth £26,736,824 and generates yearly revenue of £20,765,013. The registered address is a virtual one, with 248 companies registered at the same location, which is a little unusual. Five directors and one owner oversee operations, and the company regularly imports machinery, boilers, and mechanical appliances; parts, with the last import operation made on January 01, 2025.

The company operates as a daughter company of the Puma Group, acting as a trusted brand partner for a growing portfolio of brands. They make licensed products across three areas: fashion essentials, legwear, bodywear, swimwear, fanwear, motorsport teamsport, and lifestyle apparel and accessories. Having started as a socks company in 1979, the company rebranded as Stichd in 2019, expanding beyond socks to include fanwear and lifestyle apparel. Their website highlights a family of experts, emphasizing attentive and thoughtful individuals. They're proud to make products that are universal and personal, calling them "humble heroes."

Financially, Stichd Sportmerchandising Uk Ltd shows a mixed picture. Current assets increased by 78% to £27 million, while net assets grew by 76% to £15 million. However, bank borrowings surged by 73%, reaching £8.3 million, and cash reserves fell by 95%, leaving just £220. Interest income on bank deposits, however, increased dramatically by 560%, reaching £920,000. The company’s size (meeting two of three criteria for a large company) helps it remain competitive, but the sharp equity drop raises questions about its long-term stability. The company’s auditor is Shaw Gibbs (Audit) Limited.

The company's turnover increased by 40% to £21 million, but net losses deepened. It’s likely that increased investment in marketing and expansion contributed to these changes. The trend of rising debt and declining cash reserves suggests a need for careful financial management.

Registered in England/Wales under the registration number 06412020, with a registered address at CV34 4HL, United Kingdom, Warwick, 1 Chapel Street.

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