Buth Tabhartas Limited

Buth Tabhartas Limited, based in Montrose, UK, is a small, family-run business with an active status, established six years ago. Employing just four people and holding £111,765 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a stellar 5.0 Google rating from five reviews, reflecting positive customer experiences. It’s an irregular importer, primarily dealing in jewelry, precious stones, and metals, with just one month of import activity recorded as of February 01, 2022. The company’s core business involves retail, operating in the specialised stores industry.

While the company’s website is not available, its business profile suggests a focus on curated retail offerings. It’s likely an e-commerce operation, but further information is needed to confirm this.

Financially, Buth Tabhartas Limited presents a mixed picture. Current assets have decreased by 12%, dropping to £110,000, while net assets have fallen by 23%, settling at £37,000. Bank borrowings have decreased by 8.8%, reaching £2,800, and cash reserves have fallen by 9.7%, sitting at £48,000. Creditors have decreased by 7.2%, suggesting better debt management, but the drop in equity is concerning. 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 equity decline warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s irregular import activity suggests a niche market focus, and the high Google rating indicates strong customer satisfaction. However, the financial data reveals a company that is potentially burning through money, with a significant drop in equity. Whether this is a temporary setback or a longer-term trend remains to be seen, but it’s a factor to keep an eye on.

Registered in Scotland under the registration number SC615830, with a registered address at DD10 9BH, Scotland, Montrose, Angus, 32 Panter Crescent.

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