Banz Limited

Banz Ltd from Crawley UK is a small, active company founded 22 years ago, in January 2003. With three employees and £557,431 in assets, it operates from a virtual address – a detail highlighted by the fact that 89 companies are registered at the same location. The company has two directors and two owners, though the owner list may not be exhaustive. Banz Ltd regularly imports and exports optical and medical tools and devices, with 28 months of import activity and 55 months of export activity recorded, the latest operations both occurring in February 2025. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 25 employees.

The company's website is not available, so it's difficult to determine the specifics of its online presence. However, Banz Ltd operates in both the manufacture of jewellery and related articles, and the other retail sale not in stores, stalls or markets industries.

Financially, Banz Ltd presents a mixed picture. While cash reserves increased by 61% to £48,000, current assets decreased by 9.4% to £560,000. Bank borrowings, however, experienced a dramatic surge of 1700%, reaching £5,200 – a significant change. Creditors also increased by 35%, to £1,100,000, and net assets declined by 77%, to -£780,000. Trade debtors decreased by 22%, suggesting better collection of payments. The lack of an auditor is not surprising, given the company’s small size and exemption status. The company's financial statements are unaudited.

Overall, Banz Ltd seems to be facing some financial challenges, with declining equity and increased debt. However, the growth in cash reserves and the decrease in trade debtors suggest some positive trends. It will be interesting to see how the company navigates these challenges in the coming years.

Registered in England/Wales under the registration number 04647962, with a registered address at RH10 1HT, Crawley, West Sussex, Ground Floor, 1/7 Station Road.

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