Bayagan Group Ltd
- Small
- Active
- 8 years
- 3 employees
- £3,837,454 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Bayagan Group Ltd is a small, active company based in Hove, UK, founded eight years ago in 2016. Employing just three people, it holds £3,837,454 in assets and operates from a virtual address – thirty-four companies registered at the same location. The business is a family affair, overseen by three directors and two owners. Bayagan Group Ltd regularly imports essential oils and perfumes (six months of imports), and occasionally exports them (one month of exports). It's a private limited company with a real registered address.
The company’s website showcases a focus on building digital native health and beauty brands. It highlights expertise in e-commerce, digital marketing, and marketplace optimisation, with a particular emphasis on product development, manufacturing, and brand building. The site lists several successful brands, operating in various categories, and even provides contact information and copyright details. It’s clear that Bayagan Group Ltd is positioning itself as a brand builder within the health and beauty sector.
Financially, Bayagan Group Ltd presents a mixed picture. While current assets increased by 81% to £3,800,000, net assets only grew by 27% to £500,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 15% to £1,200,000. Creditors increased by 92% to £3,400,000. Average employees increased by 130% to seven. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp increase in creditors raises questions. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit. The accounts are unaudited.
Registered in England/Wales under the registration number 10271296, with a registered address at BN3 2PJ, England, Hove, The Old Casino, 28 Fourth Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sekander Naheed
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- Sekander Yousaf
- 8 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Sekander Naheed
- 8 years
- 1
-
Resident of United Kingdom
-
Individual
- Sekander Yousaf Mohammed
- 8 years
- 1
-
Resident of United Kingdom
-
Individual
- Sekander Yousaf
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 8 pages pdf report
-
Confirmation statement made on 2024-07-10 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-04-30Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Bayagan Group Ltd
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