Bao Chauffeurs Limited

Bao Chauffeurs Limited, based in Grays, UK, is a small, active company founded five years ago. With £14,335 in assets and a real address, it’s a lean operation managed by one director and owner, Ogunlesi Babatunde. The company holds a stellar 5.0 Google rating based on a single review, and operates in both retail sale via mail order and passenger land transport. It’s also an irregular importer, bringing in miscellaneous manufactured goods, with the last import recorded one months ago.

The company’s website showcases a premium chauffeur service, emphasizing airport transfers, executive travel, and corporate events. It boasts over 18 years of experience and highlights a commitment to affordable, dependable service throughout London and beyond. The site’s design is clean and professional, with clear calls to action for booking a trip. It’s clear that Bao Chauffeurs is focused on providing a high-quality, personalized experience for its clients.

Financially, Bao Chauffeurs Limited presents a mixed picture. Current assets have decreased by 24% to £14,000, while net assets have improved slightly to -£29,000. Bank borrowings have fallen significantly by 72% to £4,800, and cash reserves have increased dramatically by 850% to £14,000. However, creditors have risen by 170% to £80,000, and trade debtors have disappeared completely. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in creditors suggests a need to manage debt carefully. With no auditor mentioned, the figures are unaudited.

Overall, Bao Chauffeurs Limited appears to be navigating a challenging environment. While the company’s website and service reputation are strong, the financial data indicates a need for careful management and a focus on improving profitability. It’s a small business with potential, but one that needs to stay focused on delivering value to its customers.

Registered in England/Wales under the registration number 12010369, with a registered address at EC1V 2NX, England, London, 124 City Road.

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.