Juicebitz Audio Visual Limited

Juicebitz Audio Visual Ltd, based in Scarborough, UK, is a small, active company founded 11 years ago. With seven employees and £468,794 in assets, it operates from a virtual address—a fact highlighted by the presence of 28 other companies registered at the same location. The business is run by a solo founder, who also serves as the director and owner, and boasts a 4.0 Google rating based on seven reviews. It's a regular importer, specializing in electrical machinery and equipment, with 43 months of import activity recorded, the most recent in September 2024.

The company’s website, JuicEBitz, is a vibrant e-commerce platform offering a wide range of USB, HDMI, audio, network, and power products. It emphasizes quick delivery, verified reviews, and a decade of industry experience. The site is well-organized, featuring a comprehensive catalog with detailed product descriptions and a focus on compatibility and fast charging capabilities. It's clear that Juicebitz is aiming to be a one-stop shop for electronics accessories.

Financially, Juicebitz Audio Visual Ltd presents a mixed picture. While current assets remained stable at £470,000, net assets declined significantly by 490% to £21,000. Bank borrowings increased by 12%, reaching £99,000, and cash reserves saw a substantial jump of 700%, now at £2,900. Creditors also rose by 12%, now at £410,000. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the sharp drop in equity is concerning. The company is exempt from audit, so the figures are unaudited.

The increase in bank borrowings and the decrease in equity suggest that Juicebitz may be burning through cash, although the rise in cash reserves offers some reassurance. It’s possible that the company is investing in inventory or marketing to drive sales, but careful financial management will be crucial to its long-term success.

Registered in England/Wales under the registration number 08559702, with a registered address at YO12 4DX, Scarborough, Rowan House, 7 West Bank.

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