Agave Networks Limited

Agave Networks Limited is a small, active company based in London, UK, founded three years ago in December 2021. It operates with a single employee and holds £12,367 in assets, utilizing a virtual address shared by over 90,000 other companies. The company is led by a solo founder and director, Byrd Suarez Daniel, who also owns the business.

The company’s website reveals a fascinating business model: a B2B platform facilitating the sharing of excess recycled metal. It’s not your typical ecommerce site. Instead, it uses AI-powered computer vision to authenticate listings, livestream shipments, and secure payments, creating a transparent and efficient marketplace for scrap metal trading. The site caters to scrap yards and steel foundries, offering a global reach and emphasizing secure transactions. The company’s registered address is also listed as 71-75 Shelton Street, Covent Garden, London, UK, WC2H 9JQ.

Financially, Agave Networks Limited presents a mixed picture. While cash bank on hand has seen a remarkable 3,500% increase to £9,000, net assets have declined by 9% to £8,900. Trade debtors have plummeted by 75%, while creditors have also decreased. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity and the reliance on retained earnings raises questions. The company’s unaudited accounts, prepared using Taxfiler software, don't mention an auditor, which is common for small, exempt companies. It's worth noting that the company’s description of principal activities is missing from the report.

Registered in England/Wales under the registration number 13789717, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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