Bds Grp Ltd

Bds Grp Ltd is a small, active company based in Chatteris, UK, founded three years ago in 5th January 2022. With £113,915 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Akin Ilhami. The business operates in several industries, including retail trade of motor vehicle parts and accessories, wholesale of machine tools, and other retail sales of new goods. It’s a regular importer of iron or steel products, with eight months of import activity recorded as of January 1st, 1925.

The company’s website, bdsgrp.co.uk, presents a forward-looking image, emphasizing a commitment to "being part of the future" through sustainable practices and innovation. It highlights the company’s heritage and legacy, focusing on efficient resource use and long-term goals. The site also features sections dedicated to energy, food, and company culture, suggesting a diverse range of interests and activities. It’s a little confusing, though, with a mix of corporate messaging and a call to action to subscribe to updates.

Financially, Bds Grp Ltd’s situation is a little concerning. While current assets have increased by 120%, rising to £110,000, equity has plummeted 130%, resulting in a negative balance of -£330. Bank overdrafts have also increased significantly, jumping 92% to £120,000. Creditors have doubled to £120,000, and cash reserves remain stagnant at just £1,500. 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 sharp decline in equity is a red flag. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Bds Grp Ltd appears to be burning through money. While the company has a clear vision and a diverse range of activities, its financial performance suggests it’s struggling to sustain itself. It’s a precarious situation, and the company will need to address its financial challenges if it hopes to achieve its ambitious goals.

Registered in England/Wales under the registration number 13870697, with a registered address at PE16 6TG, England, Chatteris, 9 Honeysome Road.

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