Aa Arts Limited
- Small
- Active
- 8 years
- 5 employees
- £441,193 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Aa Arts Limited is a small, active company based in London, UK, established eight years ago in March 2017. With five employees and £441,193 in assets, it operates from a real address and is led by two directors and two owners, with a solo founder at its core. The company runs an e-commerce site and regularly imports basic metal tools and utensils (seven months of imports) and exports miscellaneous manufactured goods (26 months of exports).
The business operates in the artistic creation industries and other education n.e.c. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is primarily a wholesale platform for art and craft businesses, explicitly discouraging retail customers and directing them to a separate site, AALLandcreate.com. The site highlights a focus on stockists seeking to provide quick delivery and low-priced options within their countries.
Financially, Aa Arts Limited exhibits a mixed picture. Current assets have surged by a remarkable 120%, reaching £440,000, while net assets have also increased by 20% to £260,000. However, bank borrowings have also risen significantly by 14%, reaching £78,000. Creditors have decreased, suggesting better debt management, but trade debtors have ballooned, indicating potential payment delays. The company’s equity has increased, which is a positive sign, but the rise in trade debtors could be a cause for concern. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned. The company's growth in assets and net assets is encouraging, but the increase in borrowings and debtors warrants close monitoring.
Registered in England/Wales under the registration number 10663655, with a registered address at SE1 3TR, England, London, Unit 2 Sycamore Court, Royal Oak Yard, 156 Bermondsey Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 months
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 months
- 1
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Notification of Joseph Michael Padbury as a person with significant control on 2024-11-04Download 2 pages pdf report
-
Appointment of Mr Joseph Michael Padbury as a director on 2024-11-04Download 2 pages pdf report
-
Confirmation statement made on 2024-11-05 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Aa Arts Limited
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