The Ski Shack Limited

The Ski Shack Limited, based in Gillingham, UK, is a small, active company founded seven years ago in 2017. Employing three people and holding £80,151 in assets, it operates from the Chatham Ski and Snowboard Centre. Boasting a perfect 5.0 Google rating from 18 reviews, the company is run by two directors and one owner, Pyne Theresa. It's an irregular importer, primarily dealing in clothing and accessories, not knitted or crocheted, with recent activity recorded in November 2024.

The company's website, Your Ski Shop, clearly positions itself as a supplier of ski and snowboard equipment. It features an online store, showcasing equipment, clothing, and accessories, alongside a "Racer Deals" section and free delivery for purchases over £100. The site also highlights a lens cover promotion and emphasizes customer service via phone and email. The site also has a blog section.

Financially, The Ski Shack Limited presents a mixed picture. While current assets increased by 33% to £80,000, net assets declined by 35% to -£4,200. Cash reserves saw a dramatic increase, soaring 2000% to £5,800, which is a very positive sign. However, bank borrowings are at zero, and trade debtors are also at zero, which is a little concerning. Creditors decreased by 23%, suggesting better debt management. The company meets the criteria to be considered a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company's accounts are unaudited and prepared by Berringers LLP.

Overall, The Ski Shack Limited appears to be navigating a period of change. The significant increase in cash reserves is encouraging, but the negative equity and lack of debtors suggest a need for careful financial management. It's a small business with a strong online presence and a good reputation, but its long-term success will depend on its ability to maintain profitability and manage its finances effectively.

Registered in England/Wales under the registration number 10970737, with a registered address at ME7 3JH, England, Gillingham, Kent, Chatham Ski And Snowboard Centre, Capstone Road.

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