Bensbuckets Ltd

Bensbuckets Ltd is a small, active company based in Exeter, UK, founded two years ago. This solo-founded business employs one person and operates an e-commerce site selling colourful clothing and accessories made in Kenya. The company’s real address is registered at 6 Clystlands House, Fore Street, Heavitree, EX1 2QQ. It has one director and one owner, Wedd Benjamin Talek.

The website, Ben's Originals (formerly Ben's Buckets), showcases a vibrant collection of bucket hats, boonies, shorts, fleeces, and smart wear, all featuring unique African patterns. The business emphasizes handmade products crafted by tailors in Nairobi, Kenya, and offers worldwide shipping. The site also includes a custom orders form and pop-up stall information, suggesting a focus on direct-to-consumer sales and community engagement.

Financially, Bensbuckets Ltd is showing some challenges. While the company has £630 in the bank, its net assets are a negative £3,100, indicating accumulated losses. Creditors are at £3,600 within one year, and £120 after one year. Cash reserves are steady, but the negative equity suggests the company is burning through money. Trade debtors are not reported, so it's difficult to determine if the company is struggling to collect payments. The company meets the criteria for a small business, with turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies.

It seems the company is relying on sales to offset losses, but the negative equity is a cause for concern. The business’s focus on unique, handmade products and direct-to-consumer sales could be a strength, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 14436175, with a registered address at EX1 2QQ, England, Exeter, 6 Clystlands House Fore Street, Heavitree.

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