Buesto Ltd

Buesto Ltd is a small, active company based in London, UK, founded two years ago in December 2022. It operates from a virtual address, a common trait for many small businesses, and is led by a single director and owner – Tosun Bugra Furkan, who also acts as the solo founder. The company’s status is active, and it's registered with Companies House. It’s a small business, meeting two of the three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Buesto Ltd's website, bustofabrikas.ltd, showcases a range of products and services, primarily focused on hot tubs, summerhouses, and saunas. The company also highlights its membership in the Woodme Wood Trade Directory and boasts a workforce of 12 employees. The site indicates a focus on sales markets and emphasizes British craftsmanship, with a logo and a commitment to quality. The company operates in the retail sale via mail order houses or via internet industries.

Financially, Buesto Ltd’s situation presents a mixed picture. Cash reserves remain remarkably low at just £24, while creditors stand at £9,600. Equity is negative at -£9,600, and net assets are also negative at -£9,600. While short-term creditors are measured at transaction price, loans and other financial liabilities are initially recognised at transaction price, which is a good thing. The company’s small size helps it stay nimble, but the negative equity and low cash balance suggest it’s burning through money. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data. The company's accounting standards applied are F R S, and it's an Audit Exempt With Accountants Report.

In short, Buesto Ltd appears to be a small, struggling business. While its website and product range suggest a focus on quality and craftsmanship, the financial data reveals a company facing significant challenges. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 14561163, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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