Ab12 Limited

Ab12 Limited is a small, active company based in London, UK, founded four years ago in April 2020. The company, with just one director and owner—solo founder Bespalovs Andrejs—holds £2,202 in assets and operates from a virtual address shared by 539 other companies. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, AB12 Services, is a handyman and home improvement business operating in Aberdeen. They offer a wide range of services, from flatpack assembly and gardening to power washing and decking. The site emphasizes hassle-free improvements and boasts a 5.0 Google rating, with a strong focus on customer service and handy tips and tricks. It's clear they're targeting homeowners looking for reliable and convenient home maintenance solutions.

Financially, Ab12 Limited’s recent performance is a bit concerning. Current assets have fallen by a significant 81%, dropping to £2,200. Equity has also seen a sharp decline, falling 49% to just £2,200. Bank borrowings are non-existent, and cash reserves are depleted. Creditors have vanished, which is good, but the overall trend suggests the company is burning through cash. The company’s small size helps it remain flexible, but the decline in equity is a worry. With no auditor mentioned, the accounts are unaudited, and the data relies on director-reported figures.

It appears Ab12 Limited is navigating a tough period. While the handyman services seem popular, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 12578001, with a registered address at EC1V 2NX, England, London, 124 City Road City Road.

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