Buyplumbing Ltd

Buyplumbing Ltd, based in London, UK, is a small, active company founded six years ago in 2019. It operates with a single employee and holds £18,874 in assets. The company’s registered address is a virtual one, shared by many other businesses, and it's led by two directors and a single owner who is also the solo founder. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, Buy Plumbing Online, is a fully functioning e-commerce platform specializing in plumbing and heating supplies. It offers a wide range of products, from pipes and fittings to boilers and radiators, catering to both trade professionals and DIY enthusiasts. The site emphasizes free delivery, same-day shipping, and a comprehensive range of brands—a classic online retail model. It’s clear the company is focused on direct-to-consumer sales, with a blog and newsletter aimed at building customer engagement.

Financially, Buyplumbing Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 490% to £17,000, which is good news. However, creditors have also risen sharply, increasing by 250% to £9,600, which could indicate a reliance on short-term financing. Equity has seen a massive increase, jumping 1100% to £11,000, a positive sign of growth. Despite a slight decrease in depreciation, the company’s net assets have increased substantially. The lack of an auditor is not unusual for a small company, and the unaudited accounts rely on director-reported data.

Overall, Buyplumbing Ltd appears to be a growing business, but it’s important to monitor its debt levels. The company's success seems to be driven by its online presence and focus on a specific niche—plumbing and heating supplies—but it’s still a small operation facing the challenges of a competitive market.

Registered in England/Wales under the registration number 11816419, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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