Byinone Ltd

Byinone Ltd, based in Newhaven, UK, is a small, active company founded just one year ago. With a single employee and a real address shared by four other businesses, it's a lean operation managed by one director and owner, Kantarci Mert. The company operates in the wholesale of household goods and retail via mail order, and it’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings – with just one month of import activity recorded as of October 1, 2024.

The company's website, BYINONE, showcases a range of practical home solutions, from ironing boards and mop holders to comfort mats and metal service carts. It emphasizes "practical home, modern solutions" and features a countdown timer promoting discounted ironing boards. The site also highlights a mission to enhance lives with quality products and a vision to become an indispensable partner in home living. Customer testimonials praise the company’s products as "excellent" and "sturdy," and the site includes a blog section and contact information.

Financially, Byinone Ltd’s numbers are modest but show some interesting trends. Cash reserves remain steady at £2,600, but bank borrowings have stayed at £650. Creditors have remained constant at £650, and equity has remained at £1,400. Net assets are at £1,400. While the company meets the criteria to be considered small (turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees), the lack of significant growth in assets and the reliance on bank borrowings suggest it’s operating on a tight budget. The company’s accounts are described as “filleted” and unaudited, which is common for small companies exempt from a full audit.

It's clear that Byinone Ltd is focused on building a niche in the home goods market, but its financial performance indicates a company still in its early stages. Whether it can sustain its growth and profitability remains to be seen—but its focus on customer satisfaction and practical solutions could be a key to its success.

Registered in England/Wales under the registration number 15015627, with a registered address at BN9 9NG, England, Newhaven, 55 Brighton Road.

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