Blox Group Limited

Blox Group Limited, based in Blackburn, UK, is a small, active company founded five years ago. With two employees and £169,760 in assets, it’s a solo-founder operation managed by a single director and owner. The business regularly imports essential oils and perfumes, with 8 months of import activity recorded.

The company’s website describes Blox Group as a dynamic firm providing a wide range of services to businesses across various industries. They specialize in brand development, marketing, public relations, distribution, event coordination, collaborations, sales orchestration, staffing, and staff training. Their services cater to sectors like Health and Beauty, Perfume, Automotive, Clothing, Medical, Hospitality, and the Building trade. They boast about tailoring services to unique needs, emphasizing innovation, collaboration, and a focus on meeting deadlines.

Financially, Blox Group Limited shows some interesting trends. Cash bank on hand has seen a significant increase, jumping 890% to £44,000, which is good news. However, net assets have also seen a dramatic increase, rising 2400% to £52,000, suggesting a reliance on borrowed funds. Creditors have increased considerably, rising 1600% to £120,000, and trade debtors remain steady at £210. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, which is common for small, exempt companies.

The increase in both assets and liabilities suggests the company is growing, but also potentially relying on credit to fuel that growth. The substantial increase in creditors, while not necessarily negative, warrants close monitoring. It's possible that the company is investing in inventory or expanding its operations, but the reliance on borrowed funds could become a concern if sales don's keep pace.

Registered in England/Wales under the registration number 12591156, with a registered address at BB1 8RP, England, Blackburn, Unit 9 Ramsgreave Business Park, Pleckgate Road.

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