Welcome To Bob Ltd

Welcome To Bob Ltd is a small, active company based in London, UK, founded just one year ago in June 2023. It operates an e-commerce site selling refillable body wash, targeting men and currently developing a version for women. The company employs three people and holds £348,021 in assets, with a real registered address shared by only three other companies. It’s led by three directors and two owners, Brennan Michael George and Richards William Christopher Prideaux.

The business model is quite innovative, focusing on sustainable body wash solutions. Customers can purchase refillable applicators and bars, reducing plastic waste—a growing concern for consumers. The website showcases a range of products, from starter packs to individual bars, and caters to various regions globally, including Australia, Europe, Asia, and the United States. They even offer a "Soapscribe" plan for recurring refills, demonstrating a focus on customer retention. The site also features a blog and social media presence, promoting the brand and engaging with its audience.

Financially, Welcome To Bob Ltd shows a mixed picture. While cash bank on hand remains steady at £230,000, net assets are negative at -£240,000, indicating accumulated losses. Creditors have remained consistent at £100,000 within the year, and £75,000 in the last year, suggesting a manageable debt load. Trade debtors are also steady at £120,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it's burning through money. There’s no auditor mentioned, so the figures are unaudited.

The company's focus on sustainability and convenience is appealing, but the negative equity raises questions about its long-term viability. It’s clear that Welcome To Bob Ltd is a young company still finding its feet—and hopefully, its formula for success.

Registered in England/Wales under the registration number 14932961, with a registered address at SW4 9BH, United Kingdom, London, Apartment 3 177 Abbeville Road.

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