Nedbuy Ltd

Nedbuy Ltd, hailing from Birmingham, UK, is a small, active company established eight years ago. With £7,667 in assets and a real address at 1a Baltimore Trading Estate, it operates as an e-commerce site, currently enjoying a stellar 5.0 Google rating from 73 reviews. The company is managed by one director and one owner, Panchev Nedelin, who also serves as the director.

Nedbuy Foods, the company’s website, is a vibrant online shop specializing in food, drinks, household, and cosmetic products, particularly catering to the Eastern European diaspora. It boasts a wide array of items, from dairy and meat products to confectionery and household goods, with a focus on quality and competitive pricing. The site also features special offers, bulk buys, and products by country, creating a comprehensive shopping experience. The website also offers a blog with articles related to safety.

Financially, Nedbuy Ltd presents a mixed picture. While bank borrowings decreased by a significant 32%, current assets also dropped by 23% to £7,700. Equity, however, saw a substantial increase of 110%, reaching £1,200, suggesting improved retained earnings. Debtors experienced a dramatic decline of 86%, which could indicate improved collection efficiency, but also potentially reduced sales. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the fluctuating numbers warrant attention. The lack of an auditor mentioned is not unusual for a small company, and the figures are unaudited. It is also worth noting that the company has no employees reported.

Registered in England/Wales under the registration number 10232102, with a registered address at B42 1DD, England, Birmingham, 1a Baltimore Trading Estate, Baltimore Road.

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