The Bag Shop Ltd

  • Small
  • Active
  • 6 years
  • 3 employees
  • £39,258 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Irregular importer
  • E-commerce
  • Rating 5.0 (12)

Field of Operation

Retail sale of leather goods in specialised stores
47722 1936 companies

Website

Social media

Phones

Summary

The Bag Shop Ltd, based in Southend-On-Sea, UK, is a small, active company founded six years ago in 2019. With three employees and £39,258 in assets, it operates as a real address and is led by two directors and one owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from twelve reviews. It’s an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with its last import operation recorded one month ago in July 2022.

The Bag Shop Ltd’s website focuses on the retail sale of leather goods in specialised stores. It appears to be a straightforward e-commerce operation, offering a selection of bags and accessories. While no detailed information about the website's design or specific product offerings is available, the Google rating suggests a positive customer experience.

Financially, The Bag Shop Ltd presents a mixed picture. Current assets have declined significantly, dropping by 47% to £39,000. Equity has taken a substantial hit, plummeting 110% to -£1,200—a worrying trend. Bank borrowings decreased by 6.5% to £39,000, and cash reserves fell 19% to £1,300. Creditors also decreased by 6.5% to £39,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial equity decline warrants attention. The company is exempt from an audit, and the financial statements are unaudited.

Overall, The Bag Shop Ltd seems to be facing some financial challenges, with declining assets and a negative equity position. However, its strong Google rating and e-commerce focus suggest potential for recovery—though careful management will be needed to navigate these pressures.

Registered in England/Wales under the registration number 11883501, with a registered address at SS1 1JE, England, Southend-On-Sea, Princess Caroline House, High Street.

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

Owners & PSC

  • 3 months
  • 75%+

Managers

  • 10 months
Director
  • 1 year
  • 13
Company director

Last reports

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Last news

  1. Termination of appointment of Binyomin Binet as a director on 2025-04-01
  2. Confirmation statement made on 2025-03-13 with updates
  3. Notification of David Cohen as a person with significant control on 2025-04-01
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Importer profile by HS codes

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Last imported products

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