Bath & Cotswolds Pet Food Limited

Bath & Cotswolds Pet Food Ltd, based in North Wraxall, UK, is a small, active family business founded nine years ago. With four employees and £54,789 in assets, it operates as an e-commerce site specializing in the retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food. The company has a 4.0 Google rating from 51 reviews and boasts two directors and two owners. It’s an irregular importer, with its top import category being Toys, games, and sports equipment, totaling 1 months of imports, the last operation was conducted on November 01, 2019.

The company’s website, while not fully detailed, suggests a focus on providing quality pet food and related products online. It’s a niche market, and the family-run aspect is likely a key differentiator.

Looking at the financial data, Bath & Cotswolds Pet Food Ltd shows some concerning trends. While current assets increased by 21% to £55,000, net assets plunged 120% to -£620, a significant downturn. Bank borrowings increased by a whopping 720% to £27,000, and cash reserves decreased by 7.8% to £16,000. Creditors, however, fell by a substantial 82% to £3,800, which could indicate improved debt management. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

The sharp decline in equity is a particular point of interest, suggesting either increased losses or a change in the company's financial structure. The rise in bank borrowings could be a response to these losses, or perhaps a strategic investment in the business. The decrease in cash reserves, combined with the rise in debt, paints a picture of a company that's working hard but facing financial pressure. It's possible that the company is investing in growth, but the lack of positive equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 10087299, with a registered address at SN14 8SG, England, North Wraxall, Wiltshire, Shoe Cottage, The Shoe.

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