Waterworld Sports Ltd

Waterworld Sports Ltd, based in Borehamwood, UK, is a small, active company founded three years ago. With a single employee and £102,646 in assets, it operates from a real address and is managed by one director and two owners. The business runs an e-commerce site and has earned a stellar 5.0 Google rating from 206 reviews. It’s a regular importer of toys, games, and sports equipment, with recent activity recorded in May 2024.

The company’s website showcases a wide range of products, from snorkelling gear and scuba diving equipment to watersports accessories and marine supplies. It also offers a scuba diving school and services, including air tank refills and equipment servicing. The website highlights a commitment to customer service, with a 5-star rating and a focus on providing expert advice and support. It also offers finance options through Klarna and PayPal.

Financially, Waterworld Sports Ltd presents a mixed picture. While current assets increased by 58% to £100,000, net assets decreased by 48% to -£62,000. Cash bank on hand dropped significantly by 40% to £4,800, and other remaining borrowings decreased by a massive 85% to £2,700. Creditors, however, jumped 170% to £60,000, which could indicate increased reliance on short-term financing. The company's small size (meeting two of three criteria for a small company) allows for agility, but the equity decline is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Waterworld Sports Ltd appears to be navigating a challenging financial landscape, balancing growth with profitability. The company's strong online presence and customer reviews suggest a loyal customer base, but the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 13868184, with a registered address at WD6 2FR, England, Borehamwood, Unit 7 Hamilton Business Park, Stirling Way.

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