Aims Sales Ltd

Aims Sales Ltd from Watford, UK, is a small, active company established twelve years ago in 2013. Employing nine people and holding assets of £819,859, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site and currently has a Google rating of 2.0 based on four reviews.

The business engages in retail sales via mail order and internet, postal activities, and other service activities. It also seems to have dabbled in exporting, with one month of export activity recorded. While the company’s website isn’t readily available, this suggests a focus on online sales and distribution.

Financially, Aims Sales Ltd presents a mixed picture. Net assets have fallen significantly, dropping 65% to £86,000. Cash reserves have also decreased, falling 2.8% to £14,000. Bank overdrafts, however, have increased substantially, rising 65% to £91,000, which could indicate increased operational expenses. Creditors have also increased by 49%, reaching £770,000 within a year, which could be related to increased stock purchases. Trade debtors have increased slightly, rising 3.2% to £380,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, likely due to the small company exemption.

The company’s financial statements were prepared under FRS 102 and are unaudited. The accounts are described as “filleted” which means they are simplified. The directors acknowledge their responsibilities for complying with the Companies Act 2006.

Registered in England/Wales under the registration number 08440583, with a registered address at WD25 9DN, England, Watford, 66 Westlea Avenue.

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