Beebay Limited

Beebay Limited is a small, active company based in Newcastle Upon Tyne, UK, founded six years ago in 2019. With just £6,708 in assets and a real address, it’s a compact operation employing three people and overseen by three directors and two owners. The company operates an e-commerce site specializing in children’s clothing, offering a wide selection of dresses, frocks, tops, and more for babies, toddlers, and girls. Its website, Beebay, features a vibrant online store with frequent new arrivals and promotional offers, like a 10% discount for first-time buyers.

While the company’s core business is retail via mail order and internet sales, it’s clear they are focused on the kids clothing market. The site emphasizes quality and affordability, and even offers wholesale options.

Financially, Beebay Limited presents a mixed picture. Current assets have seen a significant jump, increasing by 800% to £6,700, which is a positive sign. However, net assets decreased by 20% to -£56,000, indicating ongoing losses. Bank borrowings decreased by 34% to £1,500, suggesting reduced reliance on external financing. Creditors increased by 35% to £63,000, which could be due to increased purchasing to support sales. 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 negative equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Beebay Limited appears to be navigating the challenges of a small e-commerce business. While sales seem active, the company is burning through money, and it remains to be seen if they can achieve profitability.

Registered in England/Wales under the registration number 11891562, with a registered address at NE6 1LQ, United Kingdom, Newcastle Upon Tyne, Unit 21 Byker-I2 Enterprise Centre, Albion Row.

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