N.v.bags & Accessories Limited

Bags And Accessories Ltd Nv from Bristol UK: a small, holding company with an active status, was founded 24 years ago. It employs four people and holds £440,478 in assets. With two directors and two owners, the company has a Google rating of 1.0 based on one review. It's a regular importer of leather goods, travel bags, and animal harnesses, having imported for 27 months, with the last operation in December 2024.

The company operates as a wholesaler in England, and its website, NV Bags and Accessories Ltd, is a simple platform showcasing its ranges. It’s not a direct e-commerce site; instead, it directs visitors to contact them or visit their showroom. The website highlights trade shows they attend, including upcoming events in Torquay, Solihull, and Birmingham, and features news about their Spring/Summer 2025 ranges. They seem to focus on building relationships with buyers rather than selling directly to consumers.

Financially, the company’s performance presents a mixed picture. Current assets decreased by 3.5% to £440,000, while net assets remained stable at £340,000. Bank borrowings were reduced by 24% to £35,000, and cash reserves increased by 69% to £43,000. Creditors decreased by 6.2%, suggesting better debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the slight decrease in assets could indicate a slowdown in sales. There’s no auditor mentioned, which is common for small, exempt companies.

The company’s financial data reveals a company that’s holding steady, but perhaps not thriving. The focus on trade shows and building relationships suggests a traditional wholesale model, and the lack of a direct e-commerce presence may be limiting its growth potential. It’s likely that the company is navigating the challenges of a competitive market, and its future success will depend on its ability to adapt to changing customer needs.

Registered in England/Wales under the registration number 04083355, with a registered address at BS37 6RX, Bristol, South Gloucestershire, Unit 4, Dodington Spring Codrington, Chipping Sodbury.

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