Baft International Ltd

Baft International Ltd is a small, active company registered in Bedford, UK, founded six years ago in July 2018. It’s a private limited company with a real address at 38 Eastdale Close, Kempston, and operates with two directors and one owner, who is also the solo founder. The company’s status is active, and it meets two of the three criteria to be classified as small: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees.

Baft International Ltd appears to be involved in a diverse range of activities, including retail sales via mail order and internet, freight transport by road, and acting as insurance agents and brokers. While no website is listed, the company’s operations span across multiple sectors.

Financially, Baft International Ltd shows a mixed picture. Cash bank on hand decreased by 20% to £18,000, and net current assets also fell by 20% to £18,000. Bank borrowings decreased by 34%, dropping to £9,500, and creditors also decreased by 31% to £9,500. Equity, however, saw a slight decline of 2.1%, settling at £8,100. The company’s unaudited accounts, prepared using Taxfiler software, indicate that it operates under the historical cost convention and is exempt from an audit. There are no mentions of an auditor in the report.

The company's financial data suggests it's navigating a period of adjustment. While it’s managed to reduce its liabilities, the decline in cash reserves and equity could be a cause for concern. It's possible that the company is reinvesting in its business, but it’s also possible that it’s facing challenges in generating consistent profits. The lack of employees reported—zero—suggests a lean operation, relying on efficiency and potentially outsourcing certain functions.

Registered in England/Wales under the registration number 11453375, with a registered address at MK42 8LZ, United Kingdom, Bedford, 38 Eastdale Close, Kempston.

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