Bart’s Balm Ltd

Bart’s Balm Ltd, based in London, UK, is a small, active company founded four years ago. It’s a family business with a single director and two owners, employing just one person and holding £17,671 in assets. The company operates an e-commerce site selling shaving products, with a focus on argan oil aftershave balms and gift sets. Its registered address is a virtual one, shared by many other companies, which is something to keep in mind.

The company’s website, Bart’s Balm, showcases a range of aftershave balms and gift sets, emphasizing handmade quality and a variety of scents. The site highlights the founder's 25 years of experience in shaving and the inspiration behind developing unique, value-driven products. It’s clear the company is targeting a niche market of customers seeking premium shaving products with a focus on fragrance and performance. They ship worldwide, with flat rate shipping costs.

Financially, Bart’s Balm Ltd presents a mixed picture. While cash reserves increased by 18% to £4,400, net assets dramatically decreased by 280% to -£8,400. This is a significant drop, and it’s something to note. Bank borrowings have also increased, with both current and non-financial instruments rising to £10,000. Creditors have increased substantially too, jumping 170% to £18,000. It’s also worth noting that fixed assets have disappeared entirely. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, so the financial statements are unaudited.

The sharp decline in equity suggests the company may be burning through cash, or perhaps facing increased costs. However, the growing number of creditors could also indicate expanding sales and credit terms. The company’s focus on a niche market and its commitment to quality may help it weather these challenges, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 12907803, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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