Bargain Outlet Limited

Bargain Outlet Limited, based in Halesowen, UK, is a small, active company founded two years ago. With £30,187 in assets and a real address, it’s a solo-founded operation led by a single director and owner. The company operates an e-commerce site specializing in furniture sales, as evidenced by its extensive catalogue showcasing sofas, beds, and garden furniture. It’s a tight-knit operation, with only one director and owner reported.

The website, Catalogue Clearance Outlet, highlights a wide range of furniture brands and styles, offering discounts and a "nationwide 2man delivery" service. It even boasts a 15,000 sq ft showroom and a 5-star rating on Trustpilot. The site’s focus is clearly on offering discounted furniture to a broad customer base, with a strong emphasis on online sales and convenient delivery.

Financially, Bargain Outlet Limited shows a mixed picture. Current assets remained steady at £30,000, while net assets were £5,200. Bank borrowings were £22,000, and cash reserves were £27,000. Creditors decreased slightly, suggesting better debt management, but the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's likely operating on tight margins. There was no auditor mentioned, which is common for small companies.

The company's financial data suggests it’s navigating the challenges of a small business, with a focus on maintaining cash flow and managing debt. While the e-commerce side appears active and well-stocked, the financials reveal a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 14356591, with a registered address at B62 8NE, England, Halesowen, 9 Ridgefield Road.

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