Ajd Bros Ltd

Ajd Bros Ltd from Woodford Green UK: small company, active status, founded 4 years ago, 1 employee, £54,150 assets, virtual address, 1 director, 3 owners, family business, solo founder, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet, the other retail sale in non-specialised stores industries.

Ajd Bros Ltd runs an e-commerce site selling fresh and frozen food, with a wide range of Asian groceries and ingredients. The website, Yau Brothers Co Limited, showcases a diverse selection of products, from noodles and sauces to frozen seafood and snacks. It’s clear that the business caters to a niche market of Asian food enthusiasts, with a focus on quality and authenticity. The website also features recipes and cooking tips, further engaging customers and positioning the company as a culinary resource.

Financially, Ajd Bros Ltd presents a mixed picture. Current assets have decreased by 30%, dropping to £66,000, while net assets also fell by 21%, reaching £320. Bank borrowings have seen a slight increase of 3.1%, and cash reserves have dramatically plummeted by 100%, leaving just £5. Creditors have also decreased by 30%, which is a good sign. It’s worth noting that the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, so the numbers are unaudited.

The company's rapid decline in cash reserves is a cause for concern, suggesting it may be burning through money. However, the decrease in creditors indicates better debt management. It’s possible that the company is investing in growth, but the lack of employees (just one reported) suggests a lean operation. The virtual address, shared by 734 other companies, is a bit odd, but not necessarily a red flag.

Registered in England/Wales under the registration number 13244946, with a registered address at IG8 8EY, England, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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