Annual Bargains Ltd

Annual Bargains Ltd from Harrow UK is a small, active company founded three years ago. It holds £22,245 in assets and operates from a real address at 47 Hartford Avenue. The company is led by one director and owned by Yunus Salim. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company specializes in retail sales via mail order and internet, offering a range of products. While specific details about their offerings aren't readily available, they cater to customers seeking bargains and convenience. The business operates from a single registered address, suggesting a relatively small-scale operation.

Financially, Annual Bargains Ltd shows some interesting trends. Current assets have seen a significant jump, increasing by 22,000%, now sitting at £22,000. Net assets have also risen dramatically, reaching £17,000. However, bank borrowings have increased, reaching £7,400, and creditors are at £5,300. The company's cash bank on hand is now £15,000. While these numbers show improvement, it's important to note that the company is exempt from an audit as a small entity, so the figures are unaudited. The company's director, Mr. Salim Yunus, is responsible for the accounts.

Despite the positive financial movement, it’s worth noting that the company’s debt is increasing. It’s possible that this is a strategic move to fuel growth, but it also carries risks. The company's small size and single-person management team suggest a lean operation, but it also means that the business is heavily reliant on the director’s expertise and workload.

The company operates in Retail → Online & mailorder.

Registered in England/Wales under the registration number 13623237, with a registered address at HA3 8TA, England, Harrow, 47 Hartford Avenue.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.