Aardvark Equipment Ltd

Aardvark Equipment Ltd, based in Colchester, UK, is a small, active company established 26 years ago. With a single employee and £67,784 in assets, it operates from a virtual address shared by 46 other companies, a bit unusual, really. The business is managed by three directors, including Beal Paul William, who also serves as the sole owner. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts, with the last import operation recorded one month ago in July 2023.

The company’s website is non-existent, so it’s difficult to determine the exact nature of their operations beyond the import activity. However, the Companies House data reveals Aardvark Equipment Ltd operates in both the manufacture of other special-purpose machinery and the wholesale trade of motor vehicle parts and accessories. It’s a diverse portfolio, to say the least.

Financially, Aardvark Equipment Ltd shows a mixed picture. Current assets have decreased by 42% to £68,000, while debtors have increased by a whopping 62%, reaching £65,000. This could indicate a delay in payments or a strategic decision to extend credit terms. Equity has also fallen by 16%, dropping to £120,000. Bank cash has plummeted 97%, leaving just £2,500. Creditors have also decreased by 38%, which is a positive sign. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the significant drop in cash reserves is something to watch. There's no auditor mentioned, which is typical for small companies.

Overall, Aardvark Equipment Ltd appears to be navigating a period of change. While the increase in debtors could be a positive sign of growing sales, the decline in cash reserves suggests a need for careful financial management.

Registered in England/Wales under the registration number 03735995, with a registered address at CO6 3JP, Colchester, Essex, Armoury House Armoury Road, West Bergholt.

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