B.e. Essentials Limited

B.e. Essentials Limited, based in Epping, UK, is a small, active company founded eleven years ago in 2013. With eight employees and £240,772 in assets, it operates from a real address at Unit 25a Woodside Industrial Estate. The business is run by one director and owner, Chadda Merik. It’s classified as an irregular importer, primarily dealing in plastics and plastic products, with its last import operation recorded way back in October 2016. The company’s website, Business Essentials, suggests a retail focus.

The company operates in the other retail sale in non-specialised stores industries. Its website showcases a range of products, likely sold online, though it’s unclear if it has a physical store presence. The site's design is simple, and the product range is broad, indicating a generalist retailer.

Financially, B.e. Essentials Limited has experienced some challenges. Current assets have fallen by 25% to £240,000, while net assets have plummeted 44% to £91,000. Bank borrowings have increased, with a £2,000 overdraft and non-financial instruments rising to £39,000. Creditors have also increased by 3.8% to £180,000. The number of employees has decreased from eight to six, a 25% reduction. It’s a small company, meeting two of the three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The unaudited figures, without an auditor mentioned, rely on director-reported data.

Overall, B.e. Essentials Limited appears to be facing some financial headwinds, with declining assets and increased borrowing. The reduction in employees suggests a possible effort to cut costs. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s ability to adapt to these challenges will be crucial for its future success.

Registered in England/Wales under the registration number 08757611, with a registered address at CM16 6LJ, England, Epping, Essex, Unit 25a Woodside Industrial Estate, Thornwood.

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