Binibamba Limited

Binibamba Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. It employs just one person and holds assets valued at £1,103,048. The company operates from a virtual address, registered with 1365 other businesses, and is led by two directors and one owner. Its e-commerce site, Binibamba, boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports footwear and related items (six months of activity) and exports clothing and accessories (25 months of activity).

Binibamba specializes in luxurious sheepskin products for babies and parents, including liners, snugglesuits, and blankets. Its website showcases a range of colors and styles, with collaborations featuring well-known brands like Shrimps Studio and Liberty. The company emphasizes sustainability, using natural and biodegradable materials and offering reusable dustbags for gifting. It also highlights its commitment to ethical sourcing and handcrafted quality.

Financially, Binibamba Ltd presents a mixed picture. Cash reserves increased significantly by 26% to £710,000, and current assets grew by 12% to £1,100,000. However, trade debtors decreased by 16% to £82,000, suggesting potential difficulties in collecting payments. Creditors decreased slightly by 2.3% to £130,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors could be a cause for concern. The company is exempt from an audit as a small entity, and the accounts are abridged. The company's net assets increased by 14% to £970,000. It seems like the company is doing well, but it’s important to monitor the debtors and ensure that the company is managing its cash flow effectively.

Registered in England/Wales under the registration number 10974166, with a registered address at EC2A 4NE, England, London, 3rd Floor 86-90 Paul Street.

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