Drop Bathrooms Ltd

Drop Bathrooms Ltd, based in London UK, is a small, active company founded ten years ago in 2015. With just one employee and £12,871 in assets, it operates from a virtual address shared by many other companies – a bit suspicious, really. It’s run by a single director and owner, Ali Adnan. The company imports furniture, lighting, and prefabricated buildings, although its import activity has been irregular, with just two months of imports recorded, the last in October 2024.

The company’s website, BC Bathrooms, paints a different picture. It's a well-established bathroom supplier based in Malta, operating since 2003. The site showcases a wide range of bathroom products – accessories, shower cubicles, baths, mixers, tiles, sanitary ware, and vanities – and emphasizes quality, competitive pricing, and professional advice. It even offers free quotations. The website’s address is Triq Dun Karm Birkirkara Bypass, Birkirkara, Malta. It's a family business with a showroom and a focus on customer service.

Financially, Drop Bathrooms Ltd is showing some concerning trends. Current assets have fallen by 41%, dropping to £13,000, while net assets have also decreased by 4.3%, settling at -£98,000. Bank borrowings have plummeted by a staggering 100%, reaching zero, and cash reserves are down 38%, sitting at -£7,900. Creditors have also decreased by 3.9%, and trade debtors have risen slightly. The company is classified as a small entity, and the accounts are unaudited, so there's no external verification. It's a bit worrying that the company is in negative equity.

Overall, Drop Bathrooms Ltd appears to be struggling financially, despite the seemingly successful Malta-based bathroom supply business. Whether the UK company is simply a sales and marketing arm for BC Bathrooms, or if it’s facing deeper issues, remains unclear.

Registered in England/Wales under the registration number 09534105, with a registered address at EC1V 2NX, England, London, 124 City Road.

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