The Baggery Sundries Uk Limited

The Baggery Sundries Uk Ltd from Southampton UK is a small, active company founded four years ago. Employing five people, it holds £288,565 in assets and operates from a real address within Quayside Business Park. With two directors and two owners – Warn Jane and Warn John Alfred – it’s a family business boasting a solid Google rating of 4.0 based on 31 reviews. The company regularly imports plastics and plastic products, with its last import operation occurring in August 2024.

The company’s website showcases a wide range of florist and retail packaging supplies. It’s a one-stop shop for florists, offering everything from floral foam and ribbon to cards and zinc ware. The site also caters to the retail sector, providing packaging and sundry items. A dedicated section highlights “best-selling product ranges,” including florist supplies, retail packaging, and floral foam. The website also has an e-commerce functionality with a shopping cart and wishlist.

Financially, The Baggery Sundries Uk Ltd’s report reveals some concerning trends. Current assets have dropped by 29%, falling to £290,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000, while cash reserves have fallen 30% to £71,000. Creditors have also decreased by 33%, suggesting better debt management. The company meets two of the three criteria to be considered small (turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees). The report shows a significant decrease in intangible assets, particularly in net goodwill, which fell by 14%. The company is exempt from an audit, and the figures are unaudited.

The sharp decline in cash reserves and the rise in borrowings suggest the company may be burning through money faster than it’s generating revenue. It’s possible that increased competition in the packaging supply market or rising import costs are impacting profitability. The company’s small size provides agility, but the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 12757460, with a registered address at SO18 1DH, United Kingdom, Southampton, Hampshire, Unit 4 Quayside Business Park, Quayside Road.

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