Fair Price Shop Be Ltd

Fair Price Shop Be Ltd is a small, active company based in Chadwell Heath, UK, founded two years ago. The business, run by a solo founder and overseen by one director and owner, boasts £1,126 in assets and generates £407 in yearly revenue. It operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a mobility equipment specialist with four locations in Dundee, Forfar, and Kirkcaldy, Scotland. Fairprice Mobility focuses on providing mobility solutions, including scooters, chairs, shoes, and wetroom installations. They also offer stairlift and scooter repair services, emphasizing personalized solutions and a commitment to helping customers live active and independent lifestyles. The site features a range of product categories, although currently, no products are listed under most headings.

Financially, Fair Price Shop Be Ltd presents a picture of a very small business struggling to gain traction. While turnover remains modest at £410, net assets sit at a concerning -£430. Cash reserves are minimal at just £69, and bank borrowings are at £0. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does allow for agility, but the negative equity is a cause for concern. Creditors are at £1,600, which could be a burden. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Fair Price Shop Be Ltd appears to be a fledgling business facing financial challenges. While the mobility equipment side shows promise, the company will need to find ways to increase revenue and manage its expenses to achieve sustainable growth.

Registered in England/Wales under the registration number 14303866, with a registered address at RM6 6AX, United Kingdom, Chadwell Heath, Essex, Office 1316 321-323 High Road.

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