Abet Limited

  • Small
  • Active
  • 42 years
  • 10 employees
  • £3,488,027 (assets)
  • Real address
  • 1 director
  • No owners
  • Regular importer
  • Irregular exporter

Field of Operation

Wholesale of wood, construction materials and sanitary equipment
46730 4070 companies

Website

Social media

Summary

Abet Ltd, a small, active company based in London, UK, has been operating for 42 years. Founded in 1983, it employs ten people and holds assets valued at £3,488,027. The company, with a real address and a single director, has no reported owners. It regularly imports wood and wood products (six months of imports, last in March 2025) but exports very little (one month of exports, last in July 2024).

The company’s website showcases a wide range of products and services, primarily focused on decorative surfaces. It’s clear that Abet Ltd isn’t a simple e-commerce site; instead, it functions as a platform for showcasing its collection, design edition, and digital finishes. The site highlights various sectors like education, healthcare, and transportation, and offers solutions for architects, contractors, and retailers. There's a strong emphasis on design collaborations and a heritage collection, suggesting a focus on high-end, specialized markets.

Financially, Abet Ltd’s numbers present a mixed picture. Current assets have fallen by 11%, dropping to £3,500,000, while net losses have increased significantly, reaching -£620,000. Bank borrowings have risen by 2,400% to £29,000, and cash reserves have declined by 38% to £180,000. Creditors have also increased, reaching £3,500,000. The company’s small size (meeting two of three criteria for being small) helps it stay nimble, but the sharp increase in losses and reliance on bank borrowings are concerning. No auditor is mentioned, which is typical for a small company. The company's equity has also decreased by 9.1% to £6,200,000. The company is clearly facing some financial pressures, although its strong brand and focus on design may help it weather the storm.

Registered in England/Wales under the registration number 01727866, with a registered address at E6 6LS, London, 70 Roding Road.

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

Managers

  • 26 years
Entrepreneur

Last reports

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Last news

  1. Confirmation statement made on 2025-04-09 with no updates
  2. Accounts for a small company made up to 2023-12-31
  3. Confirmation statement made on 2024-04-09 with updates
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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