Bayram Group Limited

Bayram Group Ltd from Enfield UK: a small, active company founded seven years ago, employs seven people, and holds £125,653 in assets. It’s a family business with two directors and owners, operating an e-commerce site and boasting a 4.0 Google rating from five reviews. The company regularly imports paper and paperboard products, with 16 months of import activity recorded.

The company’s website, Bayram Group, primarily sells drinks, canned goods, and packaging supplies. It’s a wholesale operation, catering to businesses with a wide range of products from Coca-Cola to cleaning supplies. The site is well-organized, with clear categories and a focus on discounted products—a common strategy for attracting bulk buyers. The website has a good selection of products, and it’s clear they are targeting businesses needing regular supplies.

Financially, Bayram Group Ltd presents a mixed picture. Current assets have increased by a substantial 160% to £130,000, a positive sign of growth. However, net assets have also increased by 100% to £6,500. Bank borrowings have decreased significantly by 45% to £26,000, and cash reserves have increased by 33% to £47,000. Creditors, however, have surged by 250% to £160,000—a potentially worrying trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests it may be relying on credit to fuel its growth. No auditor is mentioned, which is typical for small companies.

Overall, Bayram Group Ltd seems to be expanding its operations, but it’s important to monitor its debt levels closely. The company’s family ownership and focus on wholesale distribution could provide a competitive advantage, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 11000961, with a registered address at EN3 6JJ, England, Enfield, Unit 4 Waterways Business Centre, Navigation Drive.

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