Abaci Online Ltd

Abaci Online Ltd is a small, active company based in London, UK, founded seven years ago in 2017. With four employees and £583,112 in assets, it operates from a virtual address, a fact highlighted by the presence of 13,501 other companies registered at the same location. The business is a family affair, run by two directors and two owners, with a solo founder at its helm. It’s a regular importer of clothing and accessories, specifically those not knitted or crocheted, with 193 months of import activity recorded.

The company’s website, Abaci Online International, is a vibrant e-commerce platform specializing in modest clothing. It offers a wide range of items, including hijabs, dresses, suits, and outerwear, catering to a conservative fashion market. The site features a clean design, multiple currency options, and a focus on fast delivery and easy returns—all hallmarks of a modern online retailer. It even has a dedicated section for seasonal collections, like its Autumn/Winter range.

Financially, Abaci Online Ltd presents a mixed picture. While cash reserves increased significantly by 2300%, reaching £5,600, net assets only rose by 29% to £220,000. Bank borrowings decreased by 16% to £28,000, suggesting improved debt management. However, trade creditors increased dramatically by 190%, reaching £24,000—a potential indicator of increased supplier costs or extended payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the rise in trade creditors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Abaci Online Ltd appears to be a growing e-commerce business, but it’s important to monitor its trade creditor levels to ensure sustainable financial health.

Registered in England/Wales under the registration number 11057112, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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