Buyology Ltd

Buyology Ltd from Bristol UK: a small, active company founded eighteen years ago, employs forty people, and holds £12,484,813 in assets. It’s a family business with five directors and two owners, boasting a respectable Google rating of 4.0 from 554 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent stream of imports spanning forty-eight months, with the last recorded in March 2023.

The company operates in the retail sector, specifically focusing on the other retail sale in non-specialised stores. While no website is provided, this suggests a focus on wholesale or business-to-business sales rather than direct consumer interaction. It's likely they supply businesses with furniture, lighting, and building materials.

Financially, Buyology Ltd presents a mixed picture. While current assets remain stable at £12,000,000, net assets have declined by 13% to £11,000,000. Bank borrowings have increased by 100% to £20,000, and cash reserves have decreased by 12% to £30,000. Creditors have also risen by 11% to £730,000, which could indicate increased purchasing activity or perhaps a need to manage short-term debts. The company’s small size – meeting two of three criteria for being considered small – allows for flexibility, but the decrease in equity suggests potential financial pressures. No auditor is mentioned, which is common for small companies.

The increase in average employees during the period, up 18% to 47, might be a sign of growth, but it also increases overhead costs. The decrease in other inventories by 40% could be due to increased sales or supply chain issues. Overall, Buyology Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 05946390, with a registered address at BS30 8XT, England, Bristol, Unit 1, Office 1 Tower Lane Business Park, Tower Lane, Warmley,.

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