Brightfone Limited

Brightfone Ltd from Wimborne UK: small company, active status, founded 14 years ago, 4 employees, £1,114,938 assets, real address, 2 directors, 1 owner, solo founder. It's a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner, two directors, and four employees.

The company’s website, Beautetrade, is a global B2B marketplace for beauty and personal care products. It allows manufacturers and suppliers to connect with buyers worldwide, offering a wide range of products from skin care to cosmetics and hair care. The site boasts a comprehensive directory and encourages businesses to use it for procurement. It even has a section for upcoming tradeshows. The site’s marketing emphasizes global visibility and reliable trading relations.

Financially, Brightfone Ltd’s numbers show some interesting trends. Cash bank on hand decreased by 24% to £700,000, while creditors increased by 24% to £410,000. Trade debtors, however, surged dramatically by 1600% to £690,000, which could indicate a period of rapid sales growth but also potential issues with collecting payments. Equity increased by 8.6% to £740,000, which is a positive sign. The company’s assets are at £1,114,938. The company is exempt from an audit, so the figures are unaudited.

The company’s depreciation on buildings increased by 56%, while depreciation on plant machinery increased by 71%, which could be due to investments in equipment. It’s a small company, so it’s likely that the director is responsible for the financial statements. Overall, Brightfone Ltd appears to be a stable, if somewhat cash-strapped, operation—but it’s clear that the company is growing, and the increased trade debtors will need to be managed carefully.

Registered in England/Wales under the registration number 07583244, with a registered address at BH21 6QY, England, Wimborne, Dorset, Homestead Farm Ringwood Road, Three Legged Cross.

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