Tor Sports Ltd
- Small
- Active
- 3 years
- 2 employees
- Real address
- 2 directors
- 1 owner
- Irregular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Tor Sports Ltd is a small, active company based in Newport, UK, founded three years ago in July 1998. It employs just two people and operates from a real address at 29 Groves Road, NP20 3SP. The company, with two directors and one owner, runs an e-commerce site specializing in sports goods, fishing gear, and camping equipment. It’s also an irregular importer, bringing in clothing and accessories made by knitting or crocheting for a couple of months, with the last import recorded in July 2024.
The company's website showcases a range of products, including match shirts for local football clubs, grip socks, and gymwear. It even has a section dedicated to club shops, highlighting partnerships with various teams. Currency selection is available, and the site emphasizes a clear, user-friendly shopping experience. It’s a well-designed site, with a focus on visual appeal and ease of navigation.
Financially, Tor Sports Ltd presents a mixed picture. Cash reserves have increased by 19% to £55,000, which is a positive sign. However, trade debtors have plummeted 83%, indicating a significant decrease in outstanding customer payments—perhaps a result of tighter credit control. Creditors have also decreased, suggesting improved debt management. The company’s average number of employees has doubled to four, which could reflect increased workload or a shift towards more operational staff. While the company’s net assets have grown to £35,000, the sharp decrease in debtors is something to keep an eye on. With no auditor mentioned, the figures are unaudited.
Overall, Tor Sports Ltd appears to be a small business navigating the challenges of growth. The increase in cash and decrease in creditors are encouraging, but the substantial drop in debtors warrants further investigation. It’s a company with a clear focus on niche sports retail, but its financial health will depend on maintaining a healthy cash flow and managing its customer payments effectively.
Registered in Wales under the registration number 13540278, with a registered address at NP20 3SP, Wales, Newport, 29 Groves Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 9 pages pdf report
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Confirmation statement made on 2024-07-29 with updatesDownload 5 pages pdf report
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Total exemption full accounts made up to 2023-04-30Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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