Bibo Limited

Bibo Ltd from Witney UK is a small, active company founded 18 years ago. With eight employees and £601,339 in assets, it’s a modest operation led by four directors and one owner. The company operates from a real address and has been importing electrical machinery and equipment regularly for the past 13 months, with the last import occurring in February 2024. It also exports plastics and plastic products, though this is less frequent, with just one month of export activity recorded in March 2024.

Bibo Limited’s website is minimal, offering little insight into its operations beyond the basic company information. It’s not clear if the company has an e-commerce presence or operates primarily as a wholesale importer/exporter.

Looking at the financial data, Bibo Ltd’s situation presents a mixed picture. While net assets have improved slightly, rising 11% to £-310,000, this is largely due to a decrease in liabilities. Bank borrowings have increased significantly, jumping 130% to £130,000, and cash reserves have also grown by 190% to £5,900. Trade debtors have also increased substantially, rising 83% to £190,000, which could indicate challenges in collecting payments. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the increase in debt and reliance on trade debtors is something to watch. The company is exempt from an audit, so the figures are unaudited.

It seems like Bibo Ltd is navigating a period of growth, but with increased financial pressures. The company's focus on importing electrical equipment, coupled with its irregular export activity, suggests a business adapting to market demands—though whether it can sustain this growth remains to be seen.

Registered in England/Wales under the registration number 05816269, with a registered address at OX29 8ET, England, Witney, Blenheim Sawmills, Combe.

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