World Axe Throwing League Limited

World Axe Throwing League Limited is a small, active company based in Caterham, UK, established two years ago. It’s a family business with two directors and two owners, employing just two people and holding £27,219 in assets. The company operates from a virtual address, registered with seventy-one other companies, which is a bit unusual. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website showcases a thriving axe throwing community. It’s more than just a retailer; it’s a hub for leagues, tournaments, and training. The site actively promotes its brand, offering merchandise, training programs, and even consulting services for those looking to open their own axe throwing venues. It’s a full-blown ecosystem, with a focus on standardized rules, safety protocols, and global competition—including a knife throwing league too. There's a lot of content, from rule guides to affiliate locations, and even a section for sponsors.

Financially, World Axe Throwing League Limited is showing some concerning trends. Retained earnings and accumulated losses have plummeted by 180%, leaving the company with a net asset liability of -£6,100. Cash bank on hand has also dropped by nearly 7%, settling at £19,000. Creditors have increased significantly, rising 56% to £31,000. While trade debtors have remained stable, the overall picture suggests the company is burning through cash. Bank borrowings have also increased, by 150%, reaching £520. The company’s small size helps it remain agile, but the negative equity raises questions about its long-term viability. With no auditor mentioned, the figures are unaudited.

It seems World Axe Throwing League Limited is investing heavily in its brand and community, but it needs to find a way to balance growth with financial stability.

Registered in England/Wales under the registration number 14143470, with a registered address at CR3 6QB, United Kingdom, Caterham, 34 Croydon Road.

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