Aamb Ltd

Aamb Ltd from London UK is a small, active company founded three years ago. It’s a solo-founder operation with one employee and £36,575 in assets, operating from a virtual address shared by many other businesses. The company has two directors and a single owner, Timms Andrew James.

Aamb Ltd specializes in retail sales via mail order houses or the internet. Its website, while not providing detailed product information, suggests a focus on online retail. The company operates within a competitive market, but its small size allows for agility.

Financially, Aamb Ltd presents a mixed picture. Current assets increased by 7.6% to £37,000, which is good, but net assets decreased by 70% to -£1,200. This suggests the company is spending more than it’s earning, and bank borrowings remained steady at £1,700. Creditors also decreased slightly, and cash reserves fell by 45% to £2,800. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited.

The company's net current assets also decreased by 61% to -£1,600. It’s possible the company is investing in growth, but the declining equity raises concerns. The lack of a named auditor is typical for companies of this size.

Registered in England/Wales under the registration number 13368170, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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