Afrahouse Group Ltd

Afrahouse Group Ltd, based in London, UK, is a small, active company founded six years ago. It operates as a solo venture, employing just one person and holding assets of £20,635. The company has a real registered address and is led by a single director and owner. Boasting a perfect 5.0 Google rating from 11 reviews, Afrahouse Group Ltd runs an e-commerce site specializing in African art.

The website, Afrahouse African Art, presents a curated collection of African art, offering gallery visits, art leasing, commissions, and installation services. It also features articles exploring the role of African masks and pottery traditions. The site caters to a global audience, offering various currency options and shipping worldwide. It’ll be nice if they added more information about the artists they work with.

Financially, Afrahouse Group Ltd’s numbers show a mixed picture. Cash bank on hand has decreased by 41% to £600, and current assets have fallen by 7.9% to £21,000. Bank borrowings have been reduced by 29% to £3,400, which is good. Creditors have increased, both within and after one year, suggesting they’re relying on credit to keep things moving. The company meets two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the company’s Google rating and online presence are strong, the financial data suggests it’s operating on a tight margin. It’s not clear if this is a typical situation for a small e-commerce business or a sign of underlying challenges.

Registered in England/Wales under the registration number 11726572, with a registered address at SE10 9RN, England, London, 2 Haddo Street.

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