Baggage Factory Limited

Baggage Factory Limited, based in Barking, UK, is a small, active company founded sixteen years ago in 2008. With 95 employees and £1,335,747 in assets, it operates an e-commerce site specializing in travel bags, luggage accessories, and related products. The company has two directors and is owned and run by Mirza Mohammad, who also serves as a director. It regularly imports leather goods, travel bags, and animal harnesses, with 108 months of import activity recorded, the last operation made on February 01, 2025.

The company’s website, Baggage Factory UK, showcases a wide range of brands, including Fantana, Eagle, and Samsonite. It offers suitcases, bags, and accessories in various styles and sizes, catering to both business and leisure travellers. The site highlights free shipping on UK mainland orders and features a user-friendly interface with clear product categories and secure payment options. It even has a section dedicated to Disney-themed luggage.

Financially, Baggage Factory Limited’s report reveals a mixed picture. While cash reserves increased by 29% to £14,000, net assets decreased by 39% to -£400,000, a significant downturn. Bank borrowings jumped by a staggering 2,400% to £23,000, suggesting increased reliance on external financing. Creditors also decreased by 17%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the equity decline is concerning. There’s no mention of an auditor, likely due to the company’s small size and exemption from audit requirements.

The increase in bank borrowings, alongside the decline in equity, suggests that Baggage Factory Limited may be burning through cash to sustain operations. While the e-commerce site appears well-maintained and offers a diverse product range, the financial data hints at underlying pressures. The company’s continued success will depend on its ability to manage its finances effectively and capitalize on the ongoing demand for travel accessories.

Registered in England/Wales under the registration number 06758703, with a registered address at IG11 0JR, Barking, Thames House, Unit 3 Longreach Road.

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