Active Business Development Ltd

Active Business Development Ltd, based in London, UK, is a small, active company founded five years ago. It employs just one person and holds £2,441 in assets, operating from a real address. With a single director and owner, Goksal Ozden, the company is navigating the early stages of growth.

The business focuses on retail sales via mail order and internet, alongside management consultancy services. Its website, while minimal, suggests a focus on B2B services, targeting businesses needing support in areas like strategy and operations. There's no indication of a large-scale e-commerce operation, but rather a targeted approach to consulting and potentially small-scale product sales.

Financially, Active Business Development Ltd presents a concerning picture. Current assets have plummeted by 50%, dropping to just £2,400, while net assets have suffered an even more dramatic 95% decline, settling at a mere £120. Cash reserves have evaporated by 90%, leaving only £250. Bank borrowings have also decreased, but the significant drop in equity and cash is a worrying trend. Trade creditors have decreased, which is positive, but the overall picture suggests the company is burning through cash. The business meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to the small company exemption.

The company’s financial statements, prepared using VT Final Accounts software, indicate a focus on cost management and potentially a lean operational structure. However, the sharp decline in equity and cash reserves raises questions about its long-term sustainability. While the business may be operating efficiently, the lack of financial buffer could make it vulnerable to unexpected challenges.

Registered in England/Wales under the registration number 12228583, with a registered address at SW19 7EH, England, London, 4a Pixham Court, Lake Road.

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