Bgr8 Ltd

BGR8 Ltd, based in Selby, UK, is a small, active company founded 17 years ago. With six employees and £205,221 in assets, it operates from a real address and is managed by a solo founder who also serves as director and owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 16 months of import activity recorded up to October 2023.

BGR8’s core business revolves around providing solutions for various industries. Its website highlights three main areas: telephone answering services for businesses, warehousing and distribution (including 3PL), and warranty processing and product repairs. It offers dedicated staffing for call centres, builds custom distribution solutions, and handles warranty claims for products with extended warranties – a service particularly valuable for items with 25-year warranties, surpassing the typical one-year retailer support. It also provides small business support, offering administrative assistance and debt chasing.

Financially, BGR8 Ltd shows a mixed picture. Current assets have decreased by 17% to £210,000, while net assets have fallen by 34% to £150,000. Cash reserves remain relatively stable at £180,000, but bank borrowings have increased significantly, rising by 94% to £61,000. Creditors have also increased substantially, rising by 94% to £61,000, suggesting a need for careful cash flow management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is a concern. The lack of an auditor mentioned likely means the accounts are unaudited.

Overall, BGR8 Ltd appears to be navigating a period of transition. While its diverse service offerings – from call centres to warehousing to warranty processing – demonstrate adaptability, the financial data suggests it’s burning through money, and the company may need to address its increased liabilities to ensure long-term sustainability.

Registered in England/Wales under the registration number 06459230, with a registered address at YO8 8LZ, England, Selby, Unit 16 Oakney Wood Road, Selby Business Park.

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