Bear And Stick Ltd

Bear And Stick Ltd from Harlow UK: a small, active company founded four years ago, operates from a real address, and is led by one director and owner, who is also the solo founder. The company meets two of the three conditions to be considered small: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees. It’s a private limited company registered in England/Wales, and its status is active.

The company’s core business revolves around retail sales via mail order and the internet, alongside other retail sales in non-specialised stores. Its website showcases a curated collection of antiques, ranging from clocks and watches to decorative furniture and porcelain, with a particular emphasis on high-quality pieces. A biographical section reveals the founder began selling antiques as a child, progressing to school fetes and eventually establishing the business. The site also features a newsletter signup and social media links, indicating an effort to engage with customers and build a brand.

Financially, Bear And Stick Ltd is showing some concerning trends. While cash on hand started at £64, it’s now at zero – a 100% decrease. Creditors have increased by 38%, reaching £1200, and loans from directors have surged by a staggering 540%, now at £1200. Net assets and liabilities are both down 49%, sitting at -£1200. Despite this, other creditors have completely disappeared, which is a positive. The company’s small size helps it remain flexible, but the significant drop in equity and reliance on director loans suggest it’s burning through cash. No auditor is mentioned, as is typical for small companies, so the figures are unaudited.

It seems like the company is struggling to maintain a healthy financial position, despite its focus on a niche market and its founder’s long-standing experience in the antiques trade. Perhaps the recent economic climate has impacted sales, or maybe the business is reinvesting heavily in inventory. It’s difficult to say for sure, but the current trajectory suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 13114045, with a registered address at CM18 6UG, England, Harlow, 22 Charters Cross.

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