Aaho Limited

AAHO Limited, based in Manchester, UK, is a small, active company founded three years ago. With a single employee and £64,697 in assets, it operates as a solo-founder e-commerce site importing iron or steel products irregularly – just one month of imports recorded as of August 2024. The company’s real address is shared with just one other business, suggesting a low-profile operation.

The website, AAHO It's All About Home, showcases a wide range of products, from apparel and accessories to makeup, skincare, and fragrance, catering to both men and women. It features a user-friendly interface, multiple currency options, and a focus on special offers and featured products. The site also highlights brands and offers a newsletter signup for attractive offers. It's clear the company is aiming for a broad appeal within the home goods and fashion space.

Financially, AAHO Limited's recent report reveals a mixed picture. Cash bank on hand increased by a substantial 68% to £58,000, and current assets grew by 73% to £65,000, which is good news. However, retained earnings and accumulated losses decreased by 6.5%, and net assets also declined slightly to £4,000. Trade creditors increased by 73% to £52,000, and taxation and social security payable jumped by a whopping 480% to £5,700 – a significant rise that could indicate increased operational costs or delayed payments. The company's small size (meeting two of three criteria for being small) allows it to remain flexible, but the increase in liabilities is something to keep an eye on. No auditor is mentioned, which is common for small companies exempt from an audit.

Overall, AAHO Limited appears to be growing its e-commerce business, but the rise in liabilities suggests it may be burning through cash faster than it’s earning it. It’s a situation many startups face, and whether they can manage it successfully remains to be seen.

Registered in England/Wales under the registration number 14006569, with a registered address at M35 9DS, England, Manchester, 9,Phoenix Industrial Estate, Cheetham St, Failsworth.

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