Aeternitas Ltd

Aeternitas Ltd is a small, active holding company based in Towcester, UK, established four years ago in May 2020. With just one employee and £47,364 in assets, it operates from a virtual address shared by twenty-one other companies—a detail that raises some questions. The company is led by a single director, Yaqoob Sabah, and owned by Sy Holdings Ltd, though the ownership list changed four years ago and isn't entirely exhaustive. Aeternitas Ltd primarily imports plastics and plastic products, with a sporadic import history spanning one month, with the last operation recorded in March 2023. It operates in the retail sale via mail order houses or via internet industries.

The company's website is not available, so it’s difficult to fully understand its operations beyond the import activity. It’s likely focused on online retail, but without a site to examine, it’s impossible to determine the scale or specifics of its e-commerce presence.

Financially, Aeternitas Ltd presents a mixed picture. While its small size (meeting two of three conditions for a small company) allows for agility, the numbers reveal some concerning trends. Current assets have increased dramatically, jumping 920% to £47,000, a positive sign. However, net assets remain negative, at -£230,000, and bank borrowings have increased significantly. Creditors have also risen, though debtors have increased even more, suggesting potential issues with collecting payments. Cash reserves are at £2600, a decrease from the previous year. The company's equity has also decreased, though it’s not a huge change. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

Overall, Aeternitas Ltd appears to be navigating a challenging financial landscape. While the increase in current assets is encouraging, the negative equity and rising debts suggest it’s burning through money. The virtual address and limited staff also raise questions about its operational efficiency.

Registered in England/Wales under the registration number 12622640, with a registered address at NN12 8RA, England, Towcester, Hillcrest 22 Church Street, Blakesley.

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