The Bodyboard Depot Limited

The Bodyboard Depot Ltd, based in Swanage, UK, is a small, active company established ten years ago in 2015. With a single employee and £39,391 in assets, it operates from a virtual address shared by 271 other companies—a bit unusual, really. The business, owned by Sharman Matthew Peter and Sowry Guy David, runs an e-commerce site with a stellar 5.0 Google rating from 26 reviews, selling bodyboards and related gear. It’s also an irregular importer, bringing in toys, games, and sports equipment, though only for a few months at a time, with the last import recorded back in 2022.

The company’s website, bodyboarddepot.com, positions itself as "the world's local bodyboarding shop," offering a wide range of boards, fins, wetsuits, and apparel. They even have a blog with helpful guides on choosing the right gear and improving your bodyboarding skills. They really seem to know their stuff. The site also highlights a commitment to environmental responsibility, partnering with Mossy Earth to offset carbon footprints—a nice touch. They also promise price matching, which is always good to hear.

Financially, The Bodyboard Depot Ltd shows a mixed picture. Current assets are down slightly, falling by 1.5% to £39,000, while net assets have improved by 6.7% to -£89,000. Cash reserves have seen a dramatic increase, soaring by 11000% to £4,300—a very positive sign. Bank borrowings, however, have remained steady at £8,700. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble. No auditor is mentioned, which is common for companies of this size.

Overall, The Bodyboard Depot Ltd seems to be navigating its way through a challenging economic climate. The significant increase in cash reserves is encouraging, but the negative equity suggests the company is still burning through money. The strong online presence and positive customer reviews, however, indicate a solid foundation for future growth—hopefully, they can keep the momentum going.

Registered in England/Wales under the registration number 09434058, with a registered address at BH19 1FE, United Kingdom, Swanage, Dorset, Unit 1 The Ajm Centre, Prospect Business Park.

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