Busbyco Ltd

Busbyco Ltd from Mexborough UK: a small, active company founded two years ago, holds just £1,000 in assets, and boasts a perfect 5.0 Google rating from two reviews. It’s a solo founder operation, managed by a single director and owner, Bradley Busby. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Busby Auctioneers Valuers, reveals a more established business. It's an auction house based in Bridport, Dorset, specializing in fine art, antiques, and collectibles. They hold regular auctions, both online and in person, and offer valuation and consignment services. The website highlights departments like books, ceramics, glass, clocks, watches, clothing, textiles, furniture, garden, architectural, jewellery, pictures, silver, and sporting goods. They even have a presence in Harrods, London.

Financially, Busbyco Ltd presents a curious picture. While bank borrowings remained steady at £500, cash reserves also stayed at £1,000. However, net assets are a mere £500, and creditors are also at £500. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the lack of turnover and profit is concerning. The description of the business suggests a startup phase, with significant groundwork laid before commencing trading. The director is confident, but the unaudited accounts, exempt due to the company's size, don't paint a picture of robust financial health. It’s possible that the auction house side is subsidizing the online retail venture, or that the company is waiting for its first major sales to generate revenue.

Registered in England/Wales under the registration number 14346342, with a registered address at S64 8ET, England, Mexborough, 6 The Crescent, Swinton.

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