Bonanza International Limited

Bonanza International Ltd from Glasgow UK: a small, active company founded four years ago, employs ten people, and holds £315,537 in assets. It’s a family business with three directors and three owners, boasting a perfect 5.0 Google rating from a single review. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 71 months of import activity, with the most recent in February 2025.

The company operates in the wholesale of household goods and non-specialised trade industries, and its website, Hampton and Stewart, showcases a wide range of products from furniture and travel luggage to tools and garden accessories. It’s clear they’re aiming for a broad customer base, offering both online and mail-order sales. The website’s design suggests a focus on competitive pricing and a 30-day return policy, hallmarks of a modern retail operation.

Financially, Bonanza International Ltd shows some concerning trends. Accumulated depreciation for computer equipment increased by 100%, and furniture fittings by 85%, indicating investment in assets. However, bank borrowings rose by a significant amount, and cash reserves decreased. Creditors also declined, suggesting better debt management. The company’s small size (meeting two of three criteria for being a small company) helps with agility, but the decrease in equity is something to keep an eye on. The fact that no auditor is mentioned likely means the accounts are unaudited, relying on director-reported data.

Overall, Bonanza International Ltd appears to be a solid, if somewhat vulnerable, small business. While its diverse product range and positive Google rating are encouraging, the financial data suggests it’s burning through money a little too quickly. Whether the company can maintain its growth trajectory remains to be seen.

Registered in Scotland under the registration number SC683711, with a registered address at G5 8QR, Scotland, Glasgow, 30 Kilbirnie Place.

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