Deal Limited

Deal Limited, based in Northwood, UK, is a small, active company established 28 years ago. With two employees and £217,729 in assets, it operates from a virtual address—a detail flagged by the presence of seventeen other companies registered at the same location. The business is led by one director and owner, Shah Arun. Deal Limited is a regular importer of clothing and accessories (excluding knitted or crocheted items), with 44 months of import activity recorded, the latest in October 2024.

The company’s website, Best Buy Deal, positions itself as a mobile phone distributor, targeting wholesalers with quality phones and accessories. The site emphasizes reliability, unbeatable prices, guaranteed authenticity, and dedicated support, offering B2B services like installation and screen protector fitting. It also highlights fresh daily product updates and a vast selection of ready-to-ship inventory solutions. The site’s branding suggests a focus on wholesale distribution rather than direct consumer sales.

Financially, Deal Limited presents a mixed picture. Bank borrowings increased significantly, jumping 160% to £59,000, while bank overdrafts also rose 22% to £110,000. Creditors surged 160% to £59,000, but trade debtors decreased 43% to £33,000. Equity took a hit, falling 10% to -£400,000. Current assets remained steady at £220,000. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the increased debt and declining equity suggest potential financial strain. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s reliance on retained earnings and the significant increase in borrowing could indicate it’s burning through cash to fuel growth, although the steady current assets suggest it’s managing its short-term obligations.

Registered in England/Wales under the registration number 03311094, with a registered address at HA6 1NW, England, Northwood, C/O Ashley Richmond Accountant Ltd, Joel Street.

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