5 Arrays Ltd

5 Arrays Ltd is a small, active company based in Ilford, UK, founded five years ago in 2020. With £24,877 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates in the agents involved in the sale of a variety of goods, the retail sale via mail order houses or via internet, the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries. It regularly imports clothing and accessories made by knitting or crocheting, with 4 months of import activity recorded, the latest in November 2024.

While the company’s website isn’t available to view, its description suggests a focus on agent services and retail sales, possibly with an online presence. It’s unclear if there’s a dedicated e-commerce site or if sales are primarily conducted through other channels.

Financially, 5 Arrays Ltd shows some interesting trends. Cash bank on hand increased dramatically by 410%, reaching £16,000, while debtors rose significantly. Creditors also increased, although bank borrowings decreased. Net assets liabilities deepened, and equity dropped, which could be a concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decline warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, 5 Arrays Ltd is showing signs of growth, but also facing financial pressures. The company is a regular importer, but the long-term sustainability of its operations remains to be seen.

Registered in England/Wales under the registration number 12467176, with a registered address at IG5 0HH, England, Ilford, Essex, 134 Herent Drive, Clayhall.

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