Bloc Systems Ltd
- Small
- Holding
- Active
- 35 years
- 11 employees
- £2,628,000 (assets)
- Virtual address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Bloc Systems Ltd, based in Lancing, UK, is a small holding company with an active status, established 35 years ago. Employing 11 people and holding £2,628,000 in assets, the company operates from a virtual address and is led by four directors and a single owner. It runs an e-commerce site and regularly imports and exports optical and medical tools and devices – 84 months of imports and 26 months of exports respectively.
The company’s website, BLOC Eyewear, showcases a range of sunglasses, goggles, and sports eyewear, emphasizing innovative technology and stylish designs. It’s clear that BLOC Eyewear is a key part of the business, with a focus on both sports and lifestyle collections. The site actively promotes its products through social media and offers a newsletter for customer updates. The company also operates a wholesale business, selling to distributors and retailers.
Financially, Bloc Systems Ltd presents a mixed picture. Current assets decreased by 6% to £2,600,000, while net assets also declined by 1.5% to £1,800,000. Bank borrowings saw a significant reduction, dropping 38% to £83,000, which is a positive sign. However, trade debtors increased substantially, rising by 31% to £1,100,000, suggesting potential issues with customer payments. 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 increase in debtors warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.
Overall, Bloc Systems Ltd appears to be navigating a period of change. While the e-commerce side of the business seems to be performing well, the financial data suggests a need for careful management of debtors and a focus on maintaining healthy cash flow.
Registered in England/Wales under the registration number 02428393, with a registered address at BN15 8AF, England, Lancing, West Sussex, Office Ff10 Brooklands House, 58 Marlborough Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United States
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 16 years
- 1
-
Resident of United Kingdom
-
Individual
- 16 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 12 pages pdf report
-
Confirmation statement made on 2024-09-30 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-01-31Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Bloc Systems Ltd
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