Table Tennis 365 Limited

Table Tennis 365 Limited is a small, active company based in Horsham, UK, established fifteen years ago in March 2010. With just two employees and £13,571 in assets, it operates as a retail business, selling sports goods, fishing gear, and software. The company also runs an e-commerce site and is an irregular importer, with its top import category being toys, games, and sports equipment, totaling 1 months of imports. The last import operation was conducted on January 01, 2024. It has a real registered address and is managed by one director and owner, Pound Steven.

While the company's website details a retail focus, it also highlights a software development arm. This dual nature suggests a diversified business model, though its small size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may limit its scale.

Financially, Table Tennis 365 Limited has experienced a challenging year. Current assets have plummeted by 89%, dropping to just £14,000, while net assets have fallen by a dramatic 780%, resulting in a negative equity of -£49,000. Bank borrowings have surged by an astonishing 1500%, reaching £15,000, and cash reserves have vanished entirely. Debtors have also decreased significantly, by 83%, while creditors have dropped by 81%. These trends indicate a company struggling to manage its finances, possibly facing cash flow issues. The lack of an auditor (likely exempt due to its size) means the figures are unaudited, adding a layer of uncertainty.

In conclusion, Table Tennis 365 Limited is a small business facing financial headwinds. While its e-commerce presence and software development arm suggest potential, the significant decline in assets and surge in debt raise concerns about its long-term viability.

Registered in England/Wales under the registration number 07199054, with a registered address at RH12 2EZ, England, Horsham, Dene Hollow, Spencers Place.

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