Logobugs Plus Limited

Logobugs Plus Ltd, based in Dorset, UK, is a small, active company established 42 years ago. Employing 30 people, it holds assets valued at £452,630 and operates from a virtual address – a detail flagged by the report. The business is led by four directors and a solo founder, Grace Donald James. It regularly imports miscellaneous manufactured goods (14 months) and exports toys, games, and sports equipment (22 months), showcasing a diverse trading profile.

The company’s website, Promotivators, is an e-commerce platform offering a vast range of promotional products, from keyrings and mugs to clothing and signage. It caters to businesses seeking branded merchandise and promotional items, with a clear focus on online sales and customer service. The site’s extensive catalogue and search functionality suggest a well-established online presence, and the inclusion of new product sections indicates ongoing efforts to attract customers.

Financially, Logobugs Plus Ltd presents a mixed picture. While net assets increased by 36% to £310,000, cash reserves fell 1.3% to £100,000. Bank borrowings decreased by 20% to £23,000, which is a positive sign. Trade debtors rose by 3.3% to £270,000, which could indicate an increase in sales but also potential challenges in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in trade debtors warrants monitoring. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 01668362, with a registered address at BH21 1QE, Dorset, 6 Poole Road, Wimborne.

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