Bemusa Uk Limited

Bemusa Uk Limited is a small, active company based in Smethwick, UK, founded three years ago in 2021. It’s a solo-founded operation, with one director and owner, Awolesi Muyiwa Oluwatobi, and holds just £7,946 in assets. The company operates in the retail sale via mail order houses or via internet industries. It meets two of the three conditions to be considered a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website, while not fully detailed, suggests a focus on online retail. It’s likely an e-commerce business, but without more information, it’s difficult to determine the exact nature of its products or services. The company has no export activity recorded.

Financially, Bemusa Uk Limited shows a mixed picture. Current assets decreased by 2.8% to £7,900, while net assets increased by 9.2% to £9,800. Cash bank on hand fell by 7.2% to £5,900. Trade debtors increased significantly by 190% to £360, which could indicate a growing customer base or a change in payment terms. Creditors decreased by 57% for payments due within one year, suggesting better management of short-term debts. The company’s small size helps it remain flexible, but the fluctuations in cash reserves warrant attention. With no auditor mentioned, the accounts are unaudited.

The company’s growth is slow, but steady. It’s likely still navigating the challenges of a young business, but the increase in net assets suggests a positive trajectory. It would be interesting to see how the company’s financial performance evolves over the next few years.

Registered in England/Wales under the registration number 13471685, with a registered address at B66 2EJ, England, Smethwick, 90 Smeaton Avenue.

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