Balqees Raw Honey Uk Ltd

Balqees Raw Honey Uk Ltd, based in Sheffield, UK, is a small, active company established four years ago. It’s a solo founder operation with one employee and holds £27,531 in assets. The company operates from a virtual address, registered with 174 other companies, and is led by a single director and owner, Hamed Riath. It has a stellar 5.0 Google rating based on 18 reviews. Balqees is an irregular importer, primarily bringing in miscellaneous metal items, with its last import activity recorded one month ago. The company operates in the wholesale of other food, including fish, crustaceans and molluscs industries.

The company’s website, Balqees.co.uk, is a fully functional e-commerce platform selling a variety of raw honey products, including Yemeni Sidr Do'ani, Black Seed Honey Fusion, and Greek Sidr Honey. The site emphasizes ethically sourced, unpasteurised honey, offering free domestic shipping over £50 and even shipping to the US and EU. Customer reviews are prominently displayed, highlighting the honey’s taste and health benefits. The website also features a quiz to help customers find the perfect honey variety, and a blog with articles on health and recipes. It seems like they are really focusing on building a brand around premium, natural honey.

Financially, Balqees Raw Honey Uk Ltd’s report reveals a mixed picture. Accumulated depreciation has increased by 68%, and cash bank on hand has fallen by 60%, leaving just £10,000. Bank borrowings have decreased slightly, and creditors have also fallen. The company’s net assets have decreased significantly, reaching -£41,000. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the equity drop is a concern. Trade debtors are down, which is good, but the overall picture suggests the company is burning through cash. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. It seems like they are relying on sales to keep going, and it will be interesting to see if they can turn things around.

Registered in England/Wales under the registration number 12727167, with a registered address at S4 7JY, United Kingdom, Sheffield, 2a Hallcar Street.

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.