Bas Partners Ltd

Bas Partners Ltd is a small, active company from Derby, UK, founded eight years ago. It operates as a family business with two directors and two owners, employing just two people and holding £22,649 in assets. The company’s registered address is likely virtual, as sixty-eight other companies share the same location. Bas Partners Ltd specializes in retail sales via mail order houses or via the internet.

The company's website reveals a broader scope of services beyond retail. BAS Associates Ltd offers accountancy, tax, and business development solutions for both businesses and individuals. It’s a family-run operation, emphasizing tailored advice for limited companies, sole traders, partnerships, property owners, and those needing personal tax help. The website highlights services like business planning, coaching, and succession planning, with a focus on simplifying compliance and supporting financial success. It even offers bespoke business workshops and marketing planning sessions.

Financially, Bas Partners Ltd shows a concerning trend. Current assets have fallen by a significant 49%, dropping to £23,000. Net assets have plummeted by an even more dramatic 460%, resulting in a negative balance of -£13,000. Bank borrowings have remained relatively stable, but cash reserves have decreased by 66%, leaving just £8,400. Creditors have also decreased, which is a positive sign, but the overall picture suggests the company is burning through money. The lack of employees (zero reported) may indicate a lean operation, but the substantial equity decline is a cause for concern. As a small company, it’s likely exempt from an audit, so the figures are unaudited. It’s clear that the company needs to focus on improving its financial performance to ensure its long-term sustainability.

Registered in England/Wales under the registration number 10207782, with a registered address at DE22 3FS, United Kingdom, Derby, Derbyshire, Oakhurst House, 57 Ashbourne Road.

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