Tackle Master Ltd

Tackle Master Ltd is a small, active company based in London, UK, founded two years ago. With £9,521 in assets and a virtual address shared by thousands of other businesses, it’s a solo-founded operation run by a single director and owner, Qi Yi. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles, and other related industries.

The Tackle Guru website showcases a wide range of fishing equipment, from clothing and baiting accessories to rods and reels. It's clearly an e-commerce operation, with a focus on online sales and a blog filled with how-to guides, angler features, and product reviews. The site also promotes a "knowledge is power" approach, offering educational content to attract and retain customers. They even have a "Guru Plus" program for subscribers.

Financially, Tackle Master Ltd’s situation looks a little precarious. Net assets are currently at a negative £5,800, a significant drop from previous years. Cash bank on hand remains at £9,500, but creditors have increased to £17,000. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the negative equity suggests it's burning through cash. The lack of employees (zero reported) points to a lean operation, but the increasing debt could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

It seems that the company is relying on its online presence and knowledge-based content to drive sales. Whether this strategy will be enough to turn the financial situation around remains to be seen—but for now, Tackle Master Ltd is betting on its niche market and customer engagement to stay afloat.

Registered in England/Wales under the registration number 14360776, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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