Abilities Global Ltd.

Abilities Global Ltd from Marlow UK: a small, active company founded nine years ago, employs four people, and holds £4,573 in assets. It operates from a virtual address, managed by a single director and owner—the solo founder. The company regularly imports furniture, lighting, and prefabricated buildings, with 15 months of import activity recorded, the last in February 2023. It’s a retail business specializing in furniture, lighting, and similar items.

The company's website is currently unavailable, making it difficult to determine the extent of its online presence or e-commerce activities. Without a functional website, it’s hard to gauge the scale of its operations beyond import activities.

Financially, Abilities Global Ltd presents a mixed picture. Current assets have plummeted by a staggering 87%, dropping to just £4,573, while net assets have also decreased significantly, reaching -£400,000. Bank cash has fallen 72%, and creditors have risen 48%, suggesting a reliance on credit. Trade debtors have also fallen dramatically, down 96%. Despite these challenges, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. There’s no auditor mentioned, so the figures are unaudited.

The sharp decline in equity and the increased reliance on creditors indicate a potential cash flow problem. It’s possible the company is investing heavily in inventory or facing delayed payments from customers. The lack of employees suggests a lean operation, but the financial pressures could make it difficult to sustain growth.

Registered in England/Wales under the registration number 09897364, with a registered address at SL7 1NT, England, Marlow, Buckinghamshire, The Clock House, Station Approach.

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