A & B Ventures Limited

  • Small
  • Active
  • 8 years
  • 1 employee
  • £351,512 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Regular importer

Field of Operation

Wholesale of household goods (other than musical instruments) n.e.c.
46499 7551 companies
Retail sale via mail order houses or via Internet
47910 203008 companies

Website

Social media

Summary

A & B Ventures Limited is a small, active company based in Southall, UK, founded eight years ago in 2017. With a real address and a single director and owner, Ahuja Karan Singh, it employs just one person and holds £351,512 in assets. The company operates in the wholesale of household goods and retail via mail order and internet, and is a regular importer, with its top import category being cereal and milk-based food products, totaling 30 months of imports. The last import operation was conducted on January 01, 2025.

The company’s website reveals it’s a Corporate Venture Capital arm of Arab Bank, investing in digital innovation and financial technology solutions. AB Ventures is an evergreen fund demonstrating Arab Bank’s commitment to embracing digital innovation by investing directly in the next wave of innovative financial solutions, and integrating them where relevant into the financial services value chain across multiple markets. The website highlights a focus on early-stage, scalable FinTech businesses, building proprietary products and services, and facilitating the onset of new decentralized technology backbones. It even boasts a portfolio of companies and a multidisciplinary team of venture capital professionals.

Financially, A & B Ventures Limited presents a mixed picture. While current assets increased by 150% to £350,000, bank overdrafts surged by a whopping 99% to £66,000. Creditors also ballooned by 180% to £310,000, while cash reserves increased by 470% to £3,500. It’s a small company, meeting two of three criteria for size: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Taxation and social security payable increased by 1500% to £17,000, which is a significant jump. The company is exempt from an audit, so the figures are unaudited.

The increase in bank overdrafts and creditors, alongside the significant rise in taxation payable, suggests the company might be burning through cash to fuel its investments and operations. However, the increase in cash reserves and assets shows a positive trend. The company's future likely hinges on the success of its investments in the FinTech sector and its ability to manage its growing financial obligations.

Registered in England/Wales under the registration number 10640972, with a registered address at UB2 5FB, England, Southall, Unit 2c Beavers Industrial Estate, Brent Road.

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

Owners & PSC

  • Ahuja Karan Singh
  • 7 years
  • 3
  • 75%+

Managers

  • Ahuja Karan Singh
  • 7 years
  • 1
Company director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2024-06-05 with no updates
  2. Total exemption full accounts made up to 2024-03-31
  3. Total exemption full accounts made up to 2023-03-31

Importer profile by HS codes

Last imported products

All imported products

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