We R Sports Ltd
- Small
- Active
- 13 years
- 5 employees
- £521,081 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
- E-commerce
- Rating 4.0 (129)
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
Phones
Summary
We R Sports Ltd, based in Corby, UK, is a small, active company founded thirteen years ago in 2012. Employing five people, it holds £521,081 in assets and operates from a real address on Godwin Road. With two directors and two owners (Bakija Nerten and Bakija Vigan), it's a family business running an e-commerce site and boasting a 4.0 Google rating from 129 reviews. The company regularly imports toys, games, and sports equipment, with its last import operation recorded in May 2020.
The website, We R Sports, showcases a wide range of fitness equipment, from cardio machines to weights and benches, catering to both home and commercial gym settings. It emphasizes quick delivery, in-house chat support, and a seven-year history of serving customers. The site also features a blog with articles on fitness and equipment, and testimonials from satisfied customers.
Financially, We R Sports Ltd is showing some concerning trends. Cash bank on hand has plummeted 91%, dropping to just £16,000. Bank borrowings have increased significantly, reaching £130,000, and net assets have fallen by 6.6% to £600,000. While creditors have decreased by 20%, and debtors have increased slightly, the sharp decline in cash reserves is a particular point of interest. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.
It seems the company is facing some financial pressure, despite its strong online presence and positive customer reviews. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it's clear that managing cash flow will be crucial for We R Sports Ltd going forward.
Registered in England/Wales under the registration number 08012218, with a registered address at NN17 4DS, Corby, Northamptonshire, 5 Godwin Road, Earlstrees Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 4
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 4
-
Resident of United Kingdom
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-09-08 with no updatesDownload 3 pages pdf report
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Change of details for Mr Vigan Bakija as a person with significant control on 2024-08-23Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about We R Sports Ltd
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