Barbos Consulting Ltd

Barbos Consulting Ltd, based in Leeds, UK, is a small, active company founded nine years ago. With just two employees and £55,648 in assets, it operates from a virtual address shared by many other businesses. The company has two directors and one owner, Adrian Marcel Barbos. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with just one month of import activity recorded as of December 2020.

The company’s website suggests a diverse range of activities, including retail sales of games and toys, online sales, and engineering design services for industrial processes. It appears to operate an e-commerce platform, though the site’s functionality is basic and doesn’t offer a fully developed online shopping experience. The website lists a range of services, including CAD design, FEA analysis, and product development, indicating a potential engineering consultancy aspect alongside the retail operations.

Financially, Barbos Consulting Ltd presents a mixed picture. Cash reserves have surged an impressive 1800%, reaching £8,300, a positive sign of improved liquidity. However, net assets have increased dramatically, jumping 1400% to £6,500, largely driven by a significant increase in retained earnings. Creditors have also increased by 100%, reaching £17,000, which could indicate increased reliance on short-term financing. Bank borrowings have remained steady, at £6,500. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. No auditor is mentioned, as is typical for small, exempt companies.

The substantial increase in retained earnings suggests the company may be reinvesting profits back into the business, or perhaps experiencing a period of increased profitability. However, the increase in creditors could also indicate a need for more working capital to support operations. Overall, Barbos Consulting Ltd appears to be navigating a period of growth, but careful financial management will be key to sustaining this momentum.

Registered in England/Wales under the registration number 10120242, with a registered address at LS25 1NB, England, Leeds, Brookfield Court Selby Road, Garforth.

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