The Natural Bag Company Limited

The Natural Bag Company Limited, based in Dundee, UK, is a small, active business established 18 years ago. With two employees and a real registered address, the company is run by two directors and owners. It operates as a regular importer, specializing in leather goods, travel bags, and animal harnesses, with import activity spanning five months, the last recorded in March 19, 2020. The company’s website is currently unavailable.

While the company operates in the wholesale of textiles industries, it’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, The Natural Bag Company Limited is showing some concerning trends. Cash bank on hand has completely disappeared, dropping 100% to zero. Current assets have also vanished, falling 100% to zero. Debtors have likewise plummeted, dropping 100% to zero. However, creditors have decreased significantly, falling 69% to £12,000, which could indicate better management of short-term liabilities. Equity, however, has worsened, falling 8.7% to -£12,000. The company’s net assets and liabilities have also declined, reflecting a challenging financial picture. Despite these challenges, the company's small size allows for agility. The financial statements are unaudited, and no auditor is mentioned, which is common for companies of this size. It's a bit of a puzzle, but the company’s financial health seems to be in a precarious state.

Registered in Scotland under the registration number SC317475, with a registered address at DD3 0QL, Scotland, Dundee, Angus, Arkaig, Dronley.

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