Bwbf Direct Limited

Bwbf Direct Limited is a small, holding company based in Maidstone, UK, with an active status. Founded nineteen years ago in 2006, the company holds £145,220 in assets and operates from a real address at 10 Albion Place. It’s overseen by seven directors and a single owner, and primarily involved in retail sales via mail order and internet.

The company's website highlights a shift towards a membership area for its Speech apps, including the Speech Talking Newspaper. This transition involves a new registration and sign-in process, aiming to increase the number of users to 10,000 by the end of 2024. The move will also allow for a more robust marketing strategy for its apps, which are designed to support listeners who are blind or visually impaired. The company is also providing apps for Alexa and Google Home.

Financially, Bwbf Direct Limited shows a mixed picture. Current assets have fallen by 53% to £150,000, and net assets have plummeted 99% to just -£270. Cash reserves have also decreased significantly, dropping 58% to £120,000. However, other debtors have increased by a substantial 130%, suggesting potentially improved collections. Creditors have also increased by 270%, which may be due to increased purchasing. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the sharp decline in equity is a cause for concern. The accounts are unaudited, and no auditor is mentioned.

Despite these challenges, the company's focus on its membership area and app ecosystem suggests a commitment to innovation and growth. The shift towards a digital platform, combined with its charitable connections, could position Bwbf Direct Limited for long-term success, although the current financial situation needs close monitoring.

Registered in England/Wales under the registration number 05673285, with a registered address at ME14 5DZ, Maidstone, Kent, 10 Albion Place.

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