Trendy Sports Agency Limited

Trendy Sports Agency Limited, based in Emsworth, UK, is a small, active company founded nine years ago in 2015. With two employees and £163,576 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports clothing and accessories made by knitting or crocheting, with seven months of import activity recorded.

The company’s website reveals a focus on sales and creative branding, with sections for the company, e-commerce, and a music tab. It’s unclear if the music tab is related to the company’s core business, but it adds an interesting, if slightly unusual, element to the online presence. The site also lists brands, suggesting a wholesale operation. The company operates in the wholesale of clothing and footwear industries.

Financially, Trendy Sports Agency Limited presents a mixed picture. Current assets decreased by 13%, while net assets also declined by 15%. Bank borrowings decreased by 22%, and cash reserves fell by 47%. Despite this, creditors decreased by 25%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is noticeable. The company’s accounts are unaudited, as it is exempt from audit.

The company’s directors, Moffat Ben James and Sykes-bundy Robert, have been in place for four years. The company’s financial data shows a concerning trend of decreasing cash reserves and a significant drop in equity, which could indicate the company is burning through money. However, the decrease in creditors suggests they are managing their debts well. It’s possible that the company is reinvesting in its business, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 09822864, with a registered address at PO10 7BT, United Kingdom, Emsworth, Hampshire, The Old Flour Mill, Queen Street.

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