Baldr Group Ltd

Baldr Group Ltd from London UK: small company, active status, founded 3 years ago, £430,556 assets, virtual address, 3 directors, 1 owner, e-commerce site. The company operates in the wholesale of hardware, plumbing and heating equipment and supplies, the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £430,556.

Baldr Group Ltd, registered at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden, appears to be a modest e-commerce business. The address is probably virtual as 91192 companies registered at the same address. The company’s website, BALDR Digital Clocks, showcases a range of products, from atomic clocks and thermometers to weather stations and smart devices. It’s quite a selection! The site is clearly geared toward international customers, offering a currency converter and a comprehensive list of countries and regions.

Financially, Baldr Group Ltd’s recent report shows some interesting trends. Net assets have plummeted by 1,100%, ending at -£900,000—a significant drop. Cash bank on hand increased by 220%, reaching £40,000, which is a positive sign. However, creditors surged by 180%, reaching £330,000, and deferred income dropped considerably. Bank borrowings increased by 130%, reaching £64,000. Trade debtors decreased by 84%, which could be a good thing. The company’s small size and single owner (Ablyazov Madiyar) suggests a lean operation, but the large creditor increase raises questions about its ability to manage its finances. There was no auditor mentioned, so the figures are unaudited.

Overall, Baldr Group Ltd seems to be navigating a challenging period. While its e-commerce platform is active and offers a diverse product range, the financial data indicates a need for careful management. The company’s reliance on a virtual address and the large number of companies registered at that address also warrants further investigation.

Registered in England/Wales under the registration number 13993907, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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