Balstreet Limited

Balstreet Limited is a small, active company based in Birmingham, UK, established six years ago in 2019. With a single employee and £2,204,437 in assets, it operates from a virtual address – nineteen other companies are registered at the same location – and is overseen by three directors and two owners. The company’s status is active. Balstreet Limited primarily imports machinery, boilers, and mechanical appliances, with recent activity recorded just two months ago. It also operates within the wholesale of hardware, plumbing, and heating equipment and supplies industries.

The company’s website, Backstreetmerch, functions as an official music merchandise store. It encourages visitors to sign up for mailing list updates regarding new products, special offers, and discounts. The site features a wide range of artists, including Kneecap, Franz Ferdinand, Chappell Roan, and many more, suggesting a diverse catalog. It's a simple e-commerce platform, focused on showcasing merchandise and collecting email addresses. There's no indication of complex features or integrations beyond basic product display and sign-up forms.

Financially, Balstreet Limited presents a mixed picture. While current assets have increased by 34% to £2,200,000, net assets have only risen by 10% to £810,000. Bank borrowings have decreased by 21% to £160,000, and cash reserves have fallen by a significant 50% to £400,000. Creditors have increased by 53%, and trade debtors have ballooned by 120%. The company’s small size—meeting two of three criteria for being classified as small—helps it remain nimble. The increase in debt and decrease in cash reserves, however, could be a cause for concern, although it’s likely due to increased business activity. The lack of an auditor mentioned suggests it’s exempt as a small company. The company’s turnover is under £10.2 million, its balance sheet total is under £5.1 million, and it has fewer than 50 employees.

Registered in England/Wales under the registration number 11978800, with a registered address at B3 1QS, United Kingdom, Birmingham, C/O Holder Blackthorn Llp Studio 2, 50-54 St Pauls Square.

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