Brady Bags Ltd
- Small
- Holding
- Active
- 6 years
- 35 employees
- £1,008,130 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
- Rating 5.0 (4)
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
Brady Bags Ltd, a small holding company based in Sutton Coldfield, UK, has been active since its founding six years ago. Employing 35 people and boasting assets of £1,008,130, the company maintains a real address and is managed by one director and owner. It holds a stellar 5.0 Google rating based on four reviews. Brady Bags Ltd regularly imports miscellaneous metal items (12 months) and exports leather goods, travel bags, and animal harnesses (61 months).
The company’s website, shopbradybags.co.uk, showcases a wide range of products, from backpacks and shoulder bags to fishing and game bags, catering to both sporting and business needs. The site functions as a fully operational e-commerce platform, allowing customers to browse, purchase, and track orders online. It also provides customer service contact information and details about shipping, returns, and sustainability policies. The website clearly indicates a focus on retail sales, with a comprehensive catalog and user-friendly interface.
Financially, Brady Bags Ltd presents a mixed picture. While cash bank on hand increased dramatically by 170% to £210,000, creditors decreased by 34% to £480,000. However, debtors fell by a significant 66%, which might suggest issues with collecting payments. Furthermore, the company’s equity decreased by 7.8% to -£1,800,000, and fixed assets saw a 18% reduction. The number of employees increased by 14% to 40, which could be a sign of growth but also increased operational costs. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.
Overall, Brady Bags Ltd appears to be navigating a period of change. While cash flow has improved, the decrease in equity and the decline in debtors warrant close monitoring. The company's focus on e-commerce and its diverse product range position it well for continued success, but managing its finances effectively will be crucial.
Registered in England/Wales under the registration number 11667738, with a registered address at B74 2DY, United Kingdom, Sutton Coldfield, West Midlands, Unit 32 Enterprise Drive, Streetly.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 4
-
Resident of Japan
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Unaudited abridged accounts made up to 2024-06-30Download 8 pages pdf report
-
Termination of appointment of Peter Andrew Wilkes as a director on 2024-10-31Download 1 page pdf report
-
Termination of appointment of Kazuhiro Morita as a director on 2024-10-31Download 1 page pdf report
Brady Bags Ltd controls
Owns & Controls
-
Corporate
- 6 years
- 75%+
-
Resident of United Kingdom
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 Brady Bags Ltd
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