Bigbag Limited

Bigbag Limited is a small, active company based in London, UK, founded five years ago. Despite being active, confirmation is overdue by a month. The company employs just two people and holds £5,213 in assets. With two directors and one owner, it operates from a real address and is registered with Companies House.

The company’s website, Big Bags International, positions itself as a leading provider of Flexible Intermediate Bulk Container (FIBC) packaging solutions. It’s clear the business is focused on manufacturing and selling these large, durable bags for transporting goods – agriculture, processed foods, chemicals, pharmaceuticals, and building materials are all listed as industries served. The site emphasizes quality, innovation, and a global presence, boasting over 3,500 employees worldwide (a significant contrast to the two reported in the company filings). It’s a B2B operation, targeting businesses rather than individual consumers.

Financially, Bigbag Limited shows some concerning trends. Current assets have plummeted by 55%, dropping to £5,200, and net assets are down 31% to -£7,500. Bank borrowings have decreased slightly, but cash reserves remain minimal at just £28. Creditors have also decreased, which is a positive sign, but the overall picture suggests the company is struggling to generate sufficient income. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the decline in equity is a red flag. There is no auditor mentioned, which is typical for a small, exempt company.

The company’s focus on international sales and large-scale packaging solutions suggests a potential for growth, but the financial data indicates a need for careful management. The discrepancy between the number of employees listed on the website and those reported to Companies House is also worth noting, although it’s possible the website figures are outdated or include contractors.

Registered in England/Wales under the registration number 12457308, with a registered address at E16 2SJ, England, London, 107 Liner House 16 Admiralty Avenue.

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