Beecycle Limited
- Small
- Active
- 17 years
- 6 employees
- £21,020 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Rating 5.0 (12)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Beecycle Limited is a small, active company based in Liverpool, UK, founded seventeen years ago in 2007. With £21,020 in assets and a virtual address shared by eighty-four other companies, it’s a compact operation run by a single director and owner. The business has a stellar 5.0 Google rating from twelve reviews and focuses on importing musical instruments and parts, with recent activity recorded two months ago.
The company's website, BEEcycle, operates as an online retailer specializing in personalized, sustainable gifts. It offers a range of plant-growing kits and music-themed items, catering to weddings, corporate gifting, and individual customers. The site emphasizes personalization and branding, showcasing a variety of products like mini terrariums and seed kits. It’s a small business with a clear focus on eco-friendly and unique gifts.
Financially, Beecycle Limited is showing some concerning trends. Current assets have fallen by a significant 57%, dropping to £21,000, and net assets have also declined by 18% to £20,000. Cash reserves have plummeted 70%, leaving just £12,000 available. Bank borrowings have decreased by 19%, which is a positive sign, but the sharp decline in assets and cash is a worry. The number of employees has also fallen dramatically, from six to just two – a 67% decrease. Creditors have decreased by 71%, which could be a good thing, but the overall picture suggests the company is burning through money. As a small company, it meets two of the three criteria for size, and the lack of an auditor means the figures are unaudited.
In short, Beecycle Limited is facing financial challenges despite its strong online presence and positive customer reviews. The decrease in employees and the significant drop in cash reserves are particular points of concern, and it's unclear whether the company can sustain its current trajectory.
Registered in England/Wales under the registration number 06419335, with a registered address at L1 0AH, England, Liverpool, 49 Jamaica Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-06 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 7 pages pdf report
-
Registered office address changed from 22C Jordan Street Liverpool L1 0BP England to 49 Jamaica Street Liverpool L1 0AH on 2024-07-25Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Beecycle Limited
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