Blitzworld Buggies Ltd

Blitzworld Buggies Ltd, based in Stoke-On-Trent, UK, is a small, active company established ten years ago. With a single employee and £445,463 in assets, it’s a solo founder operation led by a director and owner, Malpass Steven Elliott. The company boasts a stellar 5.0 Google rating from 16 reviews, indicating high customer satisfaction. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded four months ago.

The company’s website showcases a wide range of high-performance kids' and adult buggies, quads, UTVs, and custom-built vehicles. It operates an e-commerce platform, allowing customers to browse and purchase products online. The website also highlights the company's British manufacturing heritage and its appearances on television shows like ITV News and the Gadget Show. Blitzworld Buggies even offers self-build kits and a range of services, including MOTs, repairs, and track days.

Financially, Blitzworld Buggies Ltd presents a mixed picture. Current assets increased by 22% to £450,000, but net assets decreased by 53% to -£160,000. Bank borrowings increased significantly, while cash reserves fell dramatically. Creditors also rose considerably. The company’s small size (meeting two of three criteria for a small company) helps it remain nimble, but the decline in equity is concerning. The company is exempt from an audit, so the financial information is unaudited.

It appears the company is facing some financial challenges, despite its strong online presence and positive customer reviews. The increase in creditors suggests a need to manage debt more effectively, and the decrease in cash reserves could indicate a reliance on borrowing. However, the growth in assets suggests continued activity and potential for future success, so long as it can address these financial pressures.

Registered in England/Wales under the registration number 09511255, with a registered address at ST7 2EW, United Kingdom, Stoke-On-Trent, St Mary's House Crewe Road, Alsager.

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