Brain Burgeon Ltd

Brain Burgeon Ltd, based in London, UK, is a small, active company founded eleven years ago in 2014. With £326,898 in assets and two employees, it operates from a virtual address – forty three other companies share the same location, suggesting a shared service arrangement. The company is led by one director and owner, Adrian Meszaros. While it’s been active, accounts are overdue by a year, a potential red flag.

The company's business model is somewhat unusual, combining wholesale and retail activities. It operates in the wholesale of wine, beer, spirits, perfume, cosmetics, watches, and jewellery, and also engages in retail sale via mail order houses or via internet. The website, while basic, offers contact information and VAT details. It doesn's offer much detail about the company's operations, but it does show a commitment to transparency.

Financially, Brain Burgeon Ltd presents a mixed picture. Current assets have increased by 110%, reaching £330,000, while net assets have decreased by 19%, settling at £110,000. Cash reserves have grown significantly, up 120% to £150,000, but creditors have surged by a staggering 780%, reaching £220,000. Trade debtors have also increased by 92%, to £180,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in creditors raises questions about its short-term liquidity. There's no mention of an auditor, likely due to its small size and exemption from an audit. The company is also an irregular importer of optical and medical tools and devices, with just one month of import activity recorded, and a regular exporter of clocks, watches, and their parts, with twenty four months of export activity. The significant increase in creditors, alongside the decrease in net assets, suggests the company may be relying on credit to sustain its operations, and it's worth keeping an eye on its ability to manage its debts.

Registered in England/Wales under the registration number 08951713, with a registered address at W2 1QN, England, London, 5 Norfolk Place.

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