Bahob Ltd

Bahob Ltd from Manchester UK: a small, active company founded six years ago, employs five people, and holds £191,839 in assets. It’s led by one director and owner, operates an e-commerce site, and enjoys a stellar 5.0 Google rating based on two reviews. The company regularly imports clothing and accessories made by knitting or crocheting, with 38 months of import activity recorded.

Bahob’s website showcases a range of men’s and women’s clothing, with a particular focus on hoodies, tracksuits, and kid’s wear. The site offers free shipping within the UK and emphasizes competitive pricing and a wide selection. It also highlights a separate division focused on piano restoration, showcasing a high-end service for museum-grade restorations and disaster recovery—a surprising diversification from its core clothing retail business.

Financially, Bahob Ltd’s report presents a mixed picture. While net assets increased by 24%, reaching £83,000, cash reserves took a dramatic hit, plummeting 90% to just £2,500. Bank borrowings decreased by 13%, suggesting better debt management, but trade debtors remained unchanged. Creditors also decreased, which is good. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the significant drop in cash reserves is a cause for concern. The accounts are unaudited, which is common for small companies.

The sharp decline in cash reserves could indicate increased operating expenses or investments in inventory to support the e-commerce business. Alternatively, it could reflect a temporary slowdown in sales. The diversification into piano restoration, while potentially lucrative, may also require significant upfront investment. It’s unclear if the company is burning through money like a startup, but the financial data suggests it needs to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 11413994, with a registered address at M12 4GE, Manchester, 21 Siddall Street.

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