Better Returns Ltd

Better Returns Ltd is a small, active company based in Basingstoke, UK, founded eight years ago in 2016. With £77,817 in assets and a virtual address shared by 358 other companies, it’s a solo-founded operation run by one director and owner. The company operates in the wholesale of radio, television goods & electrical household appliances, computers, and electronic equipment, and is an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on April 01, 2022.

The company’s website highlights its distribution and remarketing services for consumer electronics and IT products, sourcing stock globally and offering valuable revenue opportunities for its clients. It caters to a wide range of retailers, both large and small, and operates globally, with markets spanning Europe, Asia, the Middle East, and the Americas. The site’s emphasis on volume purchasing, remarketing, and end-of-line products suggests a focus on efficient inventory management and value-added services.

Financially, Better Returns Ltd shows some concerning trends. Cash bank on hand dropped 16% to £7,500, while bank borrowings increased by 21% to £20,000. Creditors rose by 25% to £53,000, suggesting increased reliance on short-term financing. However, debtors also increased by 10% to £70,000, which could indicate improved sales or extended payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the rise in creditors and drop in cash reserves are worth noting. The company is exempt from an audit, so the figures are unaudited.

Despite these challenges, Better Returns Ltd appears to be holding its own in a competitive market, leveraging its global reach and remarketing expertise to connect suppliers and retailers. It’s a small operation, but one that’s clearly navigating the complexities of international trade.

Registered in England/Wales under the registration number 10245247, with a registered address at RG21 8UQ, United Kingdom, Basingstoke, Hampshire, Worthy House, 14 Winchester Road.

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