Bfcn Global Ltd

Bfcn Global Ltd, based in Canvey Island, UK, is a small holding company with an active status, established six years ago. The company employs seven people and holds £192,162 in assets. It has four directors and one owner, and operates from a real address shared by two other companies. Regular imports of toys, games, and sports equipment have been recorded for 47 months, with the latest operation occurring in December 2023.

The company’s website reveals it operates as a sourcing agent, assisting businesses in creating products in China. Services include factory inspections, shipping, sample management, branding, and product testing. Recent projects listed include gym equipment for South Africa, storage boxes for the UK, and construction materials. The site emphasizes building relationships with trusted factories and providing quality control measures.

Financially, Bfcn Global Ltd’s numbers paint a mixed picture. Current assets have significantly decreased by 79%, dropping to £190,000, while net assets have fallen by 38% to £38,000. Bank borrowings have been reduced by 69%, down to £10,000, and cash reserves have plummeted 84%, leaving just £6,100. Creditors have also decreased by 83%, which could indicate improved debt management. The company's small size (meeting two of three criteria for a small company) allows for agility, but the substantial drop in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

Overall, Bfcn Global Ltd appears to be navigating a period of financial adjustment, likely stemming from the volatile global supply chain. The company's focus on sourcing and quality control suggests a strategic approach to maintaining its niche in the import market, but the declining equity needs to be monitored closely.

Registered in England/Wales under the registration number 11534602, with a registered address at SS8 9DE, United Kingdom, Canvey Island, Essex, Matrix House, Lionel Road.

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