Bargainmania Limited

Bargainmania Limited is a small, active company based in Aylesbury, UK, founded five years ago in 2019. It operates an e-commerce site and boasts £51,809 in assets, but currently has no directors or owners listed. The company’s status is active, and it’s engaged in retail sales via mail order and internet.

The website, Bargain Mania, presents itself as an “All-In-One General Store,” offering free delivery on all orders and highlighting “Quality Deals, Unbeatable Prices.” It features a wide range of products, from smartphone camera lens kits and gaming keyboards to fitness equipment and emergency survival kits. The site emphasizes free shipping, a money-back guarantee, 24/7 online support, and secure payment options. It’s a pretty standard ecommerce setup, with a focus on low prices and a broad product selection.

Financially, Bargainmania Limited shows a mixed picture. Current assets have dropped by nearly 11%, settling at £46,000, while net assets have also declined, though less dramatically, to £2,900. Loans from directors have increased substantially, by over 500%, reaching £4,600. Creditors have also risen, though less dramatically, and cash reserves have fallen by over 22%. It’s worth noting that the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of employees is striking, suggesting a very lean operation. The accounts are unaudited, which is common for small companies, and no auditor is listed. The company’s retained earnings accumulated losses are at £2,900, which is a little low.

Overall, Bargainmania Limited seems to be facing some financial pressures, with declining assets and increased borrowing. However, the active e-commerce site and broad product range suggest it’s still trying to generate sales and maintain its presence in the online retail market. It's a bit of a gamble, but they’re clearly hoping to turn things around.

Registered in England/Wales under the registration number 12067807, with a registered address at HP21 8QY, England, Aylesbury, 59 Cornbrook Road.

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