Bbm Direct Ltd

Bbm Direct Ltd from Westcliff-On-Sea UK: small company, active status, founded 6 years ago, £5,629 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of the three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet, and also in the letting and operating of own or leased real estate industries. Officially, it has one owner or PSCs, one director, and no number of employees published.

The company's website, BB Mortgages, focuses on mortgage services for first-time buyers, home movers, remortgages, buy-to-let investors, and those exploring specialist options like self-employment or military mortgages. It offers free consultations and emphasizes a "no pressure" approach, guiding customers through the often-confusing mortgage process. The site is clearly an e-commerce platform, designed to generate leads and connect potential clients with mortgage advisors. It’s a modern, professional-looking site with a focus on ease of use and clear calls to action.

Financially, Bbm Direct Ltd shows a concerning trend. Current assets have fallen by 53% to just £5,600, while net assets have plummeted 81% to a mere £190. Bank cash has also dropped significantly, decreasing by 37% to £1,300. Creditors have fallen by 50%, which could indicate improved debt management, but the overall picture suggests a company struggling to maintain its financial footing. Trade debtors have also decreased by 59%, which could be a positive sign, but the sharp decline in equity is a red flag. The company’s small size helps it remain agile, but the significant drop in equity raises questions about its long-term viability. No auditor is mentioned, which is typical for small companies exempt from an audit.

In short, Bbm Direct Ltd appears to be facing financial pressures despite its active status and professional website. The company’s reliance on a single owner and director, coupled with the declining asset base, suggests a need for careful management and a focus on revenue generation.

Registered in England/Wales under the registration number 11551666, with a registered address at SS0 9PE, England, Westcliff-On-Sea, Unit A, 603 London Road, London Road.

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