Affordable Prices Limited

Affordable Prices Limited is a small, active company based in Thornton-Cleveleys, UK, founded eleven years ago in January 2014. With a single employee and £88,600 in assets, it’s a solo-founder operation led by a director and owner, Andrew Eaves. The company operates in the retail sale via mail order houses or via internet industries and regularly imports miscellaneous metal items, with six months of import activity recorded, the last in October 2024.

The company’s website, while not actively used for e-commerce, provides basic contact information and details its business focus. It seems to primarily serve as a listing for the company’s operations rather than a direct sales platform. It’s a small company, meeting two of three conditions for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Affordable Prices Limited shows a mixed picture. Cash reserves increased significantly by 400%, reaching £23,000, which is a positive sign. However, creditors also rose sharply by 190%, reaching £41,000, suggesting increased reliance on credit. Debtors, on the other hand, experienced a dramatic turnaround, increasing by -1100%, reaching £850. Equity remained relatively stable, increasing by just 2%, reaching £49,000. The company’s net assets also increased by 2%, reaching £49,000. The company’s fixed assets also increased by 21%, reaching £1400.

The significant increase in cash reserves suggests the company is managing its working capital effectively. However, the rise in creditors warrants attention, as it could indicate potential cash flow pressures down the line. The dramatic change in debtors is a bit unusual and could be due to a single large payment or a change in payment terms. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Affordable Prices Limited appears to be holding its own, but the rise in creditors is something to keep an eye on.

Registered in England/Wales under the registration number 08830152, with a registered address at FY5 3JA, England, Thornton-Cleveleys, 203 Ashfield Road.

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