Charlie Bears Limited

Charlie Bears Limited, based in Launceston, UK, is a small holding company with an active status, celebrating its 20th anniversary this year. The company employs 42 people and holds assets worth £3,783,062. It operates from a real address in Cornwall and is overseen by four directors and one owner. Charlie Bears is a regular importer and exporter, specializing in toys, games, and sports equipment—importing for 36 months and exporting for a substantial 80 months.

The company's website showcases a vibrant collection of collectible teddy bears, with a particular emphasis on the "Charlie Bears" brand. It’s clear the business operates primarily as an e-commerce platform, offering a wide range of bears, including limited editions and collaborations like the "Moomin by Charlie Bears" line. The site actively promotes its products, offering free surprise bears with purchases over £40 and highlighting new arrivals. It even has a dedicated section for "Visit Us" directing customers to find a store.

Financially, Charlie Bears Limited's recent report shows some interesting trends. Net assets decreased by 2.5% to £3,800,000, while cash reserves declined by 74% to £290,000. Bank borrowings increased by 11% to £930,000, and trade debtors rose by 9.3% to £1,800,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves may indicate a need to manage cash flow more closely. The report doesn’t mention an auditor, likely due to the company's small size and exemption from full auditing requirements.

Despite these financial shifts, Charlie Bears Limited appears to be a well-established brand with a loyal customer base. The company's focus on collectible bears and its active online presence suggest a strong brand identity and a commitment to engaging with customers. The recent increase in bank borrowings might be a sign of investment in inventory or marketing efforts to support continued growth.

Registered in England/Wales under the registration number 05378073, with a registered address at PL15 7PJ, Launceston, Cornwall, Unit 2 Milford Park, Pennygillam Industrial Estate.

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