Compact Bargains Limited

Compact Bargains Limited, based in Bradford, UK, is a small, active company founded thirteen years ago. With a single employee and £81,655 in assets, it’s a solo founder operation led by director and owner Aziz Majid. The company operates in the retail sale via mail order houses or via internet industries. The registered address is likely virtual, as 185 companies share the same location.

The company’s website, however, redirects to the InterAgency Standing Committee (IASC), a UN body coordinating humanitarian response. This suggests Compact Bargains Limited may have been acquired or repurposed, with the original business seemingly abandoned. The IASC site focuses on humanitarian aid, data, and coordination—a far cry from retail sales. It's unclear how the two entities are connected, but the redirection is a significant detail.

Financially, Compact Bargains Limited shows a mixed picture. Current assets decreased by 9% to £82,000, while net assets remained stable at £39,000. Cash reserves fell 71% to £4,500, a substantial drop. Trade debtors increased dramatically by 1200%, reaching £7,700, which could indicate delayed payments or an aggressive credit policy. Creditors also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the cash drop is concerning. No auditor is mentioned, as the company is exempt as a small company.

In short, Compact Bargains Limited’s financial health is uncertain. The redirection to the IASC adds a layer of complexity, suggesting a possible shift in business focus or an acquisition. It's a bit strange, really, and leaves you wondering what happened to the original retail operation.

Registered in England/Wales under the registration number 07628980, with a registered address at BD1 5LL, England, Bradford, West Yorkshire, Trust House C/O Isaacs, St James Business Park, 5 New Augustus Street.

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