Keep Buying More Ltd

Keep Buying More Ltd is a small, active company based in Essex, UK, founded two years ago in April 2022. It’s a solo-founder operation, managed by a single director and owner, Arshad Mohammad. The company employs just one person and holds £17,994 in assets, with a real registered address. It operates in the retail sale via mail order houses or via internet industries and is an irregular importer, primarily dealing in edible fruits and nuts, with its last import activity recorded one month ago in October 2023.

The company’s website is currently unavailable, so it’s difficult to ascertain the specifics of its online presence or e-commerce activities. It's likely the company operates primarily through other channels, such as wholesale or direct sales.

Financially, Keep Buying More Ltd presents a mixed picture. While 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 for agility, the figures reveal some concerning trends. Cash bank on hand remains steady at £370, but creditors have risen to £18,000, and net current assets are negative at -£470. Trade debtors are at £8,700, and inventories are at £8,900. The company’s retained earnings accumulated losses have remained at £330. The lack of employee growth (still only one person) may indicate a lean operation, but the increase in creditors suggests potential cash flow pressures. With no auditor mentioned, the unaudited accounts rely on director-reported data. It seems the company is holding on, but the financial strain is evident.

Registered in England/Wales under the registration number 14061771, with a registered address at RM6 6AX, England, Essex, Office 2258 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.