Buzztec Ltd

Buzztec Ltd is a small, active company based in London, UK, founded four years ago in June 2020. Operating as a solo founder e-commerce business with a virtual address, it has one director and owner, Yildirim Immigul. The company’s website, Buzz Home of Mobile Phone Accessories, specializes in selling mobile phone accessories like screen protectors and phone cases.

The website showcases a wide range of products, from tempered glass screen protectors and phone cases to charging cables and batteries. It emphasizes free shipping, same-day dispatch, and excellent customer service. Buzztec Ltd operates in the retail sale via mail order houses or via internet and also in other service activities. The site’s design is clean and modern, with a focus on product photography and easy navigation.

Financially, Buzztec Ltd’s figures are modest. The company holds just £100 in cash and equity, with net assets and liabilities also at £100. While the company has no employees, it’s meeting two of the three criteria to be considered small – turnover under £10.2 million, balance sheet total under £5.1 million. The lack of significant cash reserves and the reliance on bank borrowings (£29,000) suggest the business is burning through money. Trade debtors have also increased significantly, which could indicate difficulties in collecting payments from customers. The accounts are unaudited and prepared as filleted accounts, which is typical for small companies exempt from an audit.

Despite these financial challenges, Buzztec Ltd’s e-commerce site appears active and well-maintained, suggesting a focus on customer acquisition and retention. Whether the company can sustain its growth and profitability remains to be seen, but its niche focus and commitment to customer service could provide a competitive advantage.

Registered in England/Wales under the registration number 12639763, with a registered address at N17 8EY, England, London, 869 High Road.

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