Aa Wristbands Ltd

Aa Wristbands Ltd, based in Loughborough, UK, is a small, active company founded ten years ago. With just two employees and £88,850 in assets, it's a solo-founder operation led by a single director and owner, Duraidi Daren. The company operates in the retail sale via mail order houses or via internet industries, specializing in Tyvek wristbands for various events.

The company's website, Aa Wristbands, showcases a wide range of customizable wristbands available in 16 colours and two sizes. It caters to events like festivals, concerts, and corporate gatherings, offering both plain and printed options. The site boasts a UK-leading stock of over 10 million wristbands and provides free UK delivery with same-day dispatch for orders placed before 3pm. A key selling point is the offer of free sample packs, a unique service in the UK market. Customers can use an online "Wristband Customiser" to design their own wristbands, choosing text, fonts, logos, and colours.

Financially, Aa Wristbands Ltd has seen some fluctuations. Current assets have decreased by 22% to £89,000, while bank borrowings have also fallen by 22% to £26,000. However, cash bank on hand has dropped significantly by 14% to £73,000. Creditors have also decreased by 22% to £26,000. 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 maintain agility. The decrease in trade debtors by 49% suggests improved collection practices, however. As a small company, it is exempt from an audit, and the figures are unaudited.

Overall, Aa Wristbands Ltd appears to be a steady, albeit small, business. While the decrease in cash reserves is worth noting, the company’s unique offering and focus on customer service position it well within its niche market.

Registered in England/Wales under the registration number 09099537, with a registered address at LE11 2GZ, Loughborough, Leicestershire, 5 Vale Close.

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