Best Of British Home And Outdoors Limited

Best Of British Home And Outdoors Limited is a small, active company based in Quedgeley, UK, founded four years ago. With just two employees and £34,413 in assets, it’s a family business operating an e-commerce site. The company has three directors and two owners, and its registered address is real, with only one other company registered there.

The company’s website, Best of British Home and Outdoors Ltd, focuses on selling British gifts for friends and family, offering a range of items from Harris Tweed accessories to dog accessories. It also features a selection of market stall pitches for sale. The site emphasizes local and renowned brands, offering a touch of elegance for everyday living.

Financially, Best Of British Home And Outdoors Limited presents a mixed picture. While cash bank on hand increased by 27%, creditors have skyrocketed by 1500%, reaching £110,000. Current assets have also seen a significant jump, rising 760% to £34,000, however, equity has decreased by 2000%, landing at -£59,000. Trade debtors have also seen a large increase, rising 7600% to £30,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial debt increase suggests it’s burning through cash. There's no auditor mentioned, so the accounts are unaudited.

The company’s growth in creditors and a decrease in equity could be a result of increased investment in inventory to meet customer demand, or perhaps a period of rapid expansion. It’s also possible that the company has taken on new loans to finance its operations. The significant increase in trade debtors suggests that the company may be experiencing difficulties collecting payments from its customers, which could be a sign of financial strain.

Registered in England/Wales under the registration number 13195485, with a registered address at GL12 8QH, England, Quedgeley, Gloucestershire, Unit 10 The Landscpe Centre, Milburyheath Wotton-Under-Edge.

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