Abysse Uk Ltd

Abysse UK Ltd is a small, active company based in London, UK, founded six years ago in 2018. It employs two people and holds £1,168,502 in assets, operating from a virtual address shared by over fifty other companies. The company is led by a single director and owner, Sartoris Xavier - Greville Rene Arthur, and functions as an irregular importer, primarily of ceramic products, with the last import occurring over two years ago. It’s a solo founder operation.

The company’s website showcases a European leader in licensed products, specializing in manga, cinema, series, comics, and video games. It operates through three brands: ABYSTYLE, the leading brand in Europe for officially licensed products; ABYSTYLE STUDIO, focusing on unique pop culture items; and Fariboles, crafting high-end figurines. Abysse Corp’s website is clearly an e-commerce platform, offering a wide range of products directly to consumers through its online store. It's a very professional looking site with a lot of product categories.

Financially, Abysse UK Ltd presents a mixed picture. While current assets increased by 36% to £1.2 million, net assets actually decreased by 100% to just £2,300. Bank borrowings surged by 160% to £590,000, and cash reserves dropped by 34% to £68,000. Creditors also increased by 27% to £1.2 million. 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 for agility, but the decrease in equity is concerning. There’s no auditor mentioned, meaning the figures are unaudited.

The increase in debt suggests the company may be burning through cash to fuel growth, or perhaps facing increased costs. It’s possible that the company is investing heavily in new product lines or marketing campaigns, but the decrease in equity is a red flag. The irregular import activity, combined with the increase in debt, suggests that the company may be facing challenges in managing its supply chain and cash flow.

Registered in England/Wales under the registration number 11524634, with a registered address at N1 1QB, England, London, C/O Accountsco, 47 Islington Park Street.

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