Bargains And Brands Ltd

Bargains And Brands Ltd from Altrincham UK: small company, active status, founded 13 years ago, accounts overdue 9 months, confirmation overdue 7 months, 1 employee, £29,881 assets, virtual address, 1 director, 1 owner, e-commerce site. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Smart Linen, showcases a wide range of bedding, towels, bathrobes, and chair cushions. It's clearly an e-commerce operation, with a clean design, detailed product descriptions, and a focus on competitive pricing and fast shipping. The site emphasizes quality and customer satisfaction, with sections dedicated to free shipping, easy returns, and 24/7 customer support. It’s a modern online store, aimed at providing a convenient and reliable shopping experience.

Financially, Bargains And Brands Ltd presents a mixed picture. Current assets have fallen by a considerable 32%, dropping to £30,000, while net assets have plummeted 78%, ending at -£29,000. Cash reserves have vanished completely, going from £18,000 to zero. Bank borrowings have increased slightly, reaching £40,000. Trade debtors have risen by 6.4%, which could indicate a growing customer base, but also potential payment delays. The company’s small size helps it remain flexible, but the significant drop in equity is concerning. No auditor is mentioned, which is typical for small companies.

It seems like Bargains And Brands Ltd is facing some financial headwinds. The company's reliance on a virtual address, with thirteen companies registered at the same location, also raises a flag. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the business will need to carefully manage its cash flow and explore ways to boost sales to ensure its survival.

Registered in England/Wales under the registration number 07758851, with a registered address at WA15 9SQ, Altrincham, Cheshire, 193a Ashley Road, Hale.

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