Forever Bargains Ltd
- Small
- Active
- 2 years
- 1 employee
- £1,913 (assets)
- £89,655 (revenue)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Forever Bargains Ltd, based in Southport, UK, is a small, active company founded two years ago. It's a solo venture, employing just one person and operating an e-commerce site. The company holds £1,913 in assets and generated £89,655 in revenue last year, with a real registered address. A single director and owner, Mitchell Daniel, manages the business.
The website, Misa Bargains, showcases a wide range of household goods, health and beauty products, food, stationery, toys, pet supplies, and DIY decorating items. It’s clearly focused on retail sales via the internet, offering free shipping on orders over £40 and emphasizing competitive pricing. The site also features a wishlist and comparison tools, and highlights brands like Lenor and Tidyz. There's a good range of products on offer, and the site looks professional.
Financially, Forever Bargains Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 1400% to £1,500—a positive sign. However, net losses deepened to -£2,000, and administrative expenses increased to £5,400. Trade debtors are currently zero, but cash bank on hand is £1,500. 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 it to remain flexible. With no auditor mentioned, the figures are unaudited. It’s a bit of a mixed bag, but the increase in cash reserves suggests the business is generating more income, even if it’s not yet translating into profit.
Registered in England/Wales under the registration number 14265711, with a registered address at PR8 6AZ, England, Southport, 7 Lesley Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mitchell Daniel
- 2 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Mitchell Daniel
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
First Gazette notice for voluntary strike-offDownload 1 page pdf report
-
Application to strike the company off the registerDownload 1 page pdf report
-
Total exemption full accounts made up to 2024-07-31Download 16 pages pdf report
FAQ about Forever Bargains Ltd
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