Abn Finest Limited

Abn Finest Limited is a small, active company based in Bexleyheath, UK, established twelve years ago in 2013. It operates as an e-commerce site and employs just two people, holding assets totaling £516,933. The business has one director and owner, Patel Aratibahen Bhavesh, and maintains a real registered address. It’s a regular importer, primarily of miscellaneous metal items, with 24 months of import activity recorded, the most recent in September 2024. The company’s website focuses on selling office supplies, including stationery, calculators, and paper products.

While the company’s online presence suggests a retail focus, its financial data presents a mixed picture. Accumulated depreciation on plant and machinery increased by 57%, while intangible assets (goodwill) saw a 12% rise. Cash bank holdings remained steady at £340,000, but creditors increased by 7.4% to £130,000. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for agility, but the increase in creditors could indicate tighter cash flow. The company’s trade debtors are very low, only 41 pounds.

Interestingly, the company’s policy on depreciation of property, plant, and equipment uses a 20% WDV method. The company’s financial statements are unaudited, a common occurrence for small entities, and there’s no mention of an auditor. Despite these challenges, Abn Finest Limited seems to be holding its own, continuing to serve its customers through its online store.

Registered in England/Wales under the registration number 08480441, with a registered address at DA7 5SS, Bexleyheath, Kent, 33 First Avenue.

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