Buystalwart Limited

Buystalwart Limited is a small, active company based in London, UK, founded four years ago in 2020. It holds £44,396 in assets and operates from a virtual address, a detail highlighted by the fact that 91,336 other companies are also registered at the same location. The company has two directors and one owner, Kassim Taoheed Abiola.

The business engages in a diverse range of activities, including non-specialised wholesale trade, retail sales of sports goods, fishing gear, camping goods, boats, and bicycles, online retail, and information technology consultancy. Its website, while not provided, suggests a focus on e-commerce, likely targeting a broad consumer base with a variety of products.

Financially, Buystalwart Limited appears to be experiencing some challenges. Current assets have fallen by nearly half, dropping from £87,000 to £44,000. Bank cash reserves have also significantly decreased, falling 66% to just £22,000. Creditors have been reduced, which is good, but equity has taken a big hit, decreasing by 42% to £30,000. Trade debtors have remained constant. The company’s small size—meeting two of three criteria for a small company—means it’s likely exempt from an audit, and the accounts are unaudited. Yousuf Associates Limited is the named accountant.

These trends suggest that Buystalwart Limited may be burning through cash, although better debt management is apparent. It's possible the company is reinvesting in its business or facing increased costs. The lack of employees (only one reported) indicates a lean operation, but the declining equity raises questions about its long-term financial stability.

Registered in England/Wales under the registration number 12998201, 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.