Boo Boo Limited

Boo Boo Limited is a small, holding company based in Lymington, UK, with an active trading status. Founded eighteen years ago in 2006, it has one employee and holds £506,983 in assets. The company operates from a virtual address—46 other companies are registered at the same location—and is managed by two directors and two owners. Boo Boo Limited is an irregular importer, primarily dealing in cotton products, with the last import operation recorded two months ago in November 2023. It's a small business, meeting two of the three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

The company’s website is not available, making it difficult to determine its specific online presence or e-commerce activities. However, it’s known to operate in the "other business support service activities n.e.c." industries.

Financially, Boo Boo Limited presents a mixed picture. Cash reserves have increased dramatically by 900%, reaching £34,000—a positive sign. However, net assets only increased by 17%, settling at £230,000. Bank borrowings decreased by 35%, reaching £21,000, and trade debtors decreased by 11%, settling at £16,000. Creditors increased by 28%, reaching £180,000, and other debtors increased by 17%, reaching £160,000. The increase in creditors, combined with the relatively low cash reserves, suggests the company may be relying on credit to maintain operations. The significant increase in "other debtors" could be due to delayed payments from customers or extended credit terms. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Boo Boo Limited appears to be navigating a challenging financial landscape. While the increase in cash is encouraging, the reliance on credit and the relatively low net assets raise concerns about its long-term financial health. The company’s status as a holding company suggests it may have other investments or subsidiaries, which could be influencing its financial performance.

Registered in England/Wales under the registration number 05964467, with a registered address at SO41 0RH, England, Lymington, 1a Knowland Drive, Milford On Sea.

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