Bingo Supermarket Limited

Bingo Supermarket Ltd, based in Spalding, UK, is a small, active company founded 17 years ago. With just five employees and £142,467 in assets, it operates as a solo-founded business with one director and owner. The company has a virtual address, which is a little strange, as 153 other companies are registered at the same location. It runs an e-commerce site specializing in bingo supplies.

The website, bingosupermarket.com, caters to both formal and casual bingo games, offering a wide range of products from bingo flyers and books to interactive calling machines and wristbands. It emphasizes fast, free shipping on orders over £50 and positions itself as a one-stop shop for all things bingo. The site even has a blog, which is a nice touch.

Financially, Bingo Supermarket Ltd shows some interesting trends. Cash bank on hand has fallen by 42% to £51,000, while creditors have risen by 32% to £77,000. Trade debtors have increased dramatically, by 1400%, reaching £39,000—a significant jump that could indicate issues with collecting payments. On a more positive note, current assets have increased by 9% to £140,000, and equity has decreased by just 3.6% to £70,000. 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 nimble, but the increase in debt needs monitoring. There's no auditor mentioned, so the accounts are unaudited.

Overall, Bingo Supermarket Ltd seems to be operating, but the increase in debt is something to keep an eye on. It’s a small business, and these things happen, but it’s important to manage finances carefully.

Registered in England/Wales under the registration number 06337408, with a registered address at PE11 2TA, Spalding, Lincolnshire, 1-4 London Road.

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