Stronghold Global Limited

Stronghold Global Ltd from Swindon UK: a small holding company with an active status, was founded twelve years ago and employs twenty-five people. It holds assets valued at £2,274,844 and operates from a real address, managed by two directors and one owner. The company runs an e-commerce site and has a stellar 5.0 Google rating based on nine reviews. It regularly imports and exports footwear and related items, with nineteen months of import activity and twenty months of export activity recorded.

The company’s website showcases a vast range of products, from personal protective equipment (PPE) to hand tools, power tools, and site supplies. It caters to a wide range of industries, offering everything from workwear and safety footwear to ladders and fire extinguishers. The site’s structure suggests a broad inventory, with categories like clothing, tools, and safety equipment clearly defined. Several domains redirect to the main site, including aviator.com.pk, indicating potential international reach or past ventures.

Financially, Stronghold Global Ltd presents a mixed picture. Accumulated amortisation and depreciation have increased significantly, with a 52% rise in non-intangible assets and a 24% increase in property, plant, and equipment. Bank borrowings have surged by a staggering 800%, reaching £590,000, while cash reserves have completely vanished, dropping 100% to zero. Creditors have decreased slightly by 2%, and net assets have fallen by 30% to £14 million. Despite the decline in equity, the company’s small size (meeting two of three criteria for a small company) allows for agility. The company is exempt from an audit, so the figures are unaudited.

The sharp decline in cash reserves and the substantial increase in bank borrowings raise concerns about the company’s financial health. While the company’s e-commerce operation appears successful, the financial data suggests it may be burning through cash to maintain growth. The increase in debt could be a strategy to fund expansion, but it also carries risks. The lack of an auditor mentioned in the report adds a layer of uncertainty to the financial picture.

Registered in England/Wales under the registration number 08220985, with a registered address at SN3 4ND, Swindon, Wiltshire, 3 Radway Road, Britannia Trade Park.

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