Accapi Ltd

Accapi Ltd, based in Stanley, UK, is a small, family-run holding company with an active status. Founded eleven years ago in 2013, it employs eighteen people and holds £8,490,177 in assets. The company operates from a real address within the Tanfield Lea Business Centre and is overseen by three directors and three owners. Accapi Ltd functions as a regular importer and exporter, specializing in textile products, sets, used clothing, and rags—with 76 months of import activity and 39 months of export activity recorded. Its website prominently features its role as the exclusive European distributor of Ruffwear, a US-based brand of dog gear.

The company's website highlights a focus on outdoor dog products and services, including retail sales, piano restoration, and disaster recovery for damaged pianos. The business operates a showroom in Harrods, London. It’s clear that Accapi Group values its British craftsmanship and family ownership.

Financially, Accapi Ltd presents a mixed picture. While cash reserves increased by a respectable 17% to £6,100,000, several areas show concerning trends. Bank borrowings have surged by a substantial 97%, reaching £1,300,000, and accrued liabilities have decreased by 7.2% to £260,000. Creditors have fallen by 1.9% to £3,400,000, which could suggest improved debt management, but the increase in bank borrowings is a worry. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the rise in borrowings and the decrease in equity (10%) raise questions about its financial health. The company’s unaudited financial statements, as it’s exempt from an audit, rely on director-reported data.

Overall, Accapi Ltd appears to be navigating a period of change. While its partnership with Ruffwear seems to be a strong foundation, the increase in debt suggests it may be burning through money. The company’s future success will likely depend on its ability to manage its finances and capitalize on its niche market position.

Registered in England/Wales under the registration number 08828475, with a registered address at DH9 9DB, Stanley, Tanfield Lea Business Centre, Tanfield Lea.

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