Aabe Creative Limited

Aabe Creative Limited is a small, active company based in Aberystwyth, UK, founded nine years ago in June 2015. It’s a family business with £1,011 in assets and a real address at Unit 5 & 6 Cks Supermarket Rhoshendre, Waunfawr. The company is run by one director, Anna Meadon, and two owners, Anthony Meadon, and operates in the artistic creation industries and retail sale via mail order houses or via internet.

The company’s website is currently unavailable, so it’s difficult to determine the specifics of their operations. However, the description suggests a focus on creative products sold online or through mail order. It's likely an e-commerce business, but without a live site, it’s impossible to confirm.

Financially, Aabe Creative Limited presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has declined significantly, dropping 11% to -£11,000. Cash bank on hand has improved dramatically, increasing by 130% to £1,000, which is a positive sign. However, creditors have also increased by 30%, reaching £18,000, which could indicate increased reliance on short-term financing. Bank borrowings have decreased by 35%, which is good, and accrued liabilities have completely disappeared. The company’s property plant equipment has decreased by 16%, and total inventories are now at zero. It's worth noting that the accounts are filleted and unaudited, so the figures should be viewed with some caution.

Despite the challenges, the company's active status and family ownership suggest a resilient business. The improvement in cash reserves is encouraging, but the increased creditors warrant close monitoring. It's possible that the company is navigating a period of transition or investment, but further information would be needed to draw definitive conclusions.

Registered in England/Wales under the registration number 09637748, with a registered address at SY23 3QH, Wales, Aberystwyth, Unit 5 & 6 Cks Supermarket Rhoshendre, Waunfawr.

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