Ahct Group Limited

Ahct Group Limited, based in Leicestershire, UK, is a small, active company founded five years ago. With two employees and £131,786 in assets, it operates from a real address and is led by a single director and owner, Huang Ting. The company is a regular importer of sugars and sweets, with three months of import activity recorded as of August 2023.

The business operates within the non-specialised wholesale trade industries, and its website is currently unavailable, making it difficult to ascertain its specific online presence or e-commerce activities.

Financially, Ahct Group Limited presents a mixed picture. While its small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, recent figures indicate some challenges. Current assets have decreased by 4.6% to £130,000, and net assets have fallen by 28% to £27,000. Bank borrowings have seen a dramatic reduction, dropping 95% to just £3,000, while cash reserves have plummeted 99% to a mere £380. Creditors have increased slightly by 4.8% to £72,000, and trade debtors have risen significantly by 74% to £130,000. The company's retained earnings and accumulated losses have also seen a sharp decline.

Notably, the company’s property, plant, and equipment have also decreased slightly, and the depreciation charge has remained consistent. Despite these challenges, the company’s trade creditors have also increased, suggesting a need for better cash flow management. The absence of an auditor (likely exempt as a small company) means the figures are unaudited.

In short, Ahct Group Limited appears to be navigating a period of financial strain, with decreasing assets and cash reserves. While the company's import activities suggest ongoing business, its financial health warrants close monitoring.

Registered in England/Wales under the registration number 12452641, with a registered address at LE18 4XH, England, Leicestershire, Unit 7 Cornwall Business Centre Cornwall Road, Wigston.

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