Wigmore Sports Limited

Wigmore Sports Ltd from Essex UK: a small, active company founded 42 years ago, employs eight people, and holds £700,524 in assets. With a real address and three directors, it's a family business boasting a strong 4.0 Google rating from 210 reviews. The company regularly imports clothing and accessories made by knitting or crocheting, with six months of import activity recorded.

The company operates a retail store in central London, specializing in tennis, padel, badminton, squash, and pickleball equipment. Its website showcases a wide range of rackets, footwear, and accessories from top brands like Wilson, Babolat, and Head. The site also offers stringing services and demo rackets, catering to both amateur and professional players. It seems to be a well-established e-commerce operation, with a focus on expert advice and a wide selection.

Financially, Wigmore Sports Ltd shows some concerning trends. Current assets decreased by 3.7% to £700,000, while net assets increased by 88% to £140,000. Bank borrowings remained steady at £32,000, but cash reserves fell 52% to £120,000. Trade debtors increased by 2.7% to £93,000, while creditors decreased by 11% to £590,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The increase in net assets is a positive sign, but the drop in cash reserves could indicate tighter cash flow management. As a small company, it’s likely exempt from an audit, so the figures are unaudited. The company’s website mentions no auditor.

Registered in England/Wales under the registration number 01650605, with a registered address at IG10 4PL, Essex, Old Station Road, Loughton.

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