The Board Barn Limited

The Board Barn Limited, based in Milton Keynes, UK, is a small, active company founded eight years ago in 2016. With just one employee and £29,291 in assets, it operates from a virtual address shared by 141 other companies, which is a bit unusual. The company is led by a solo founder and director, Willoughby Lee, and runs an e-commerce site with a stellar 5.0 Google rating from 62 reviews. It’s an irregular importer, bringing in toys, games, and sports equipment, with the last import occurring over two years ago in May 2022.

The company’s website reveals a surf shop, offering a wide range of equipment, accessories, and apparel for water sports like surfing, snorkeling, and paddle boarding. It caters to both beginners and professionals, selling new and used surfboards, wetsuits, skateboards, and more. The website also highlights a focus on British craftsmanship and even offers virtual tours and a blog with tips and advice for water sports enthusiasts. It seems they're trying to build a community around surfing and related activities.

Financially, The Board Barn Limited is showing some concerning trends. Cash reserves have plummeted 60%, dropping to just £24,000, and current assets are down 50% to £29,000. Debtor amounts have increased significantly, by 2700%, which could indicate issues with customer payments. While director advances have decreased by 51%, and creditors have also reduced, the overall picture suggests the company is burning through cash. Equity has also taken a hit, decreasing by 100%, leaving the company with a small positive balance of £50. As a small company, it is exempt from an audit, so the figures are unaudited. It's possible these trends are typical for a small e-commerce business, but the sharp decline in cash and equity warrants closer attention.

Registered in England/Wales under the registration number 10462219, with a registered address at MK1 1PT, England, Milton Keynes, Artemis House 4a Bramley Road, Mount Farm.

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