Baitworks Limited
- Active
- Small
- 11 years
- 15 employees
- £290,655 (cur assets)
- 0-1m
- Regular importer
- Real address
- 1 director
- 2 owners
- Cirencester
- E-commerce
- Rating 5.0 (176)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Baitworks Ltd from Cirencester UK: a small, active company founded eleven years ago, employs twelve people, and holds £813,783 in assets. It has a real address, one director, and two owners, and enjoys a stellar 5.0 Google rating based on 176 reviews. The company regularly imports milling products, with the latest import operation made on July 01, 2024.
Baitworks Ltd operates a fishing shop and online store, specializing in carp bait and related products. The website showcases a range of boilies, pellets, pop-ups, and liquids, catering to carp anglers. It emphasizes quality, natural ingredients, and proven results, with testimonials from prominent anglers featured prominently. The site is well-designed and user-friendly, with clear product categories, detailed descriptions, and secure online ordering. They also offer a loyalty points system and a blog with articles and videos on carp fishing techniques. The website clearly indicates that they are a manufacturer of fresh, quality carp food, cutting out the middlemen.
Financially, Baitworks Ltd has seen some interesting shifts. Current assets have jumped a remarkable 130%, reaching £810,000, while bank borrowings have remained stable at £960,000. However, cash reserves have also increased significantly, up 130% to £290,000. Debtor values have risen dramatically, increasing by 5000%, to £280,000, which could indicate a period of rapid sales growth, or perhaps a change in credit terms. Liabilities have also increased, with creditors rising 11% to £200,000. The company’s small size—meeting two of three criteria for being considered small—helps it maintain flexibility. The company’s net assets remained stable at £1,100,000. No auditor is mentioned, which is common for small companies. The company’s average number of employees has increased by 25%, to fifteen.
Registered in England/Wales under the registration number 08989327, with a registered address at GL7 5TQ, England, Cirencester, Gloucestershire, Unit 2 Waterview The Mallards, South Cerney Industrial Estate.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 7 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 10 pages pdf report
-
Change of share class name or designationDownload 2 pages pdf report
-
ResolutionsDownload 1 page pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Baitworks Limited
Looking for leads in the UK?
Book a demo—see how CorpSignals can help you find UK leads.