Bonus Limited

Bonus Limited, based in London, UK, is a large, active company founded 23 years ago. With seven employees and £5,033,307 in assets, it generated £10,234 in revenue last year. The company, managed by two directors and one owner, operates from a real address and regularly imports goods – though the specific category of imports is listed as 'None' for the past 21 months.

The company's website is unavailable, making it difficult to determine its specific operations beyond what is stated in the report. It appears to operate in the "other business support service activities n.e.c." industries.

Financially, Bonus Limited's report paints a concerning picture. While current assets remained stable at £5,000,000, net assets plummeted by 4%, reaching £5,000,000. Bank borrowings increased by 1.8% to £4,700,000, and cash reserves decreased by 7.4% to £32,000. Operating profit fell by 52%, and turnover dropped dramatically by 100% to just £10,000. The company's staff costs decreased significantly, and its pension costs are now zero.

Despite these challenges, the company has reduced its creditors by 18%, suggesting some improvement in debt management. The report indicates that the company is using Caseware UK (AP4) 2023.0.135 for its production software. The audit was performed by Grant Thornton.

Overall, Bonus Limited is facing financial headwinds. The sharp decline in revenue and profit, coupled with increased borrowings, suggests the company is burning through cash. Whether it can recover remains to be seen, but its large asset base and active status offer some hope.

Registered in England/Wales under the registration number 04416864, with a registered address at EC2A 2DT, England, London, 15 Worship Street.

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