Aje 1 Ltd

Aje 1 Ltd, based in Ashford, UK, is a small, active company founded six years ago. With three employees and £99,565 in assets, it operates from a real address and is led by a single director and owner. Google reviews are glowing, boasting a perfect 5.0 rating from 60 reviews. The company primarily imports cereal and milk-based food products, though activity has been irregular, with just two months of imports recorded in the past year.

The company’s website, Aje1 Afro Caribbean Shop, is a fully functional e-commerce platform showcasing a wide range of African and Caribbean groceries, frozen fish, meat, hair products, and cosmetics. The site features a "Latest Products" section highlighting items like Jumbo Aroma All Purpose flour, Tropical Sun Aroma Flavour Stock Powder, and Malta Guinness, catering to a specific niche market. It also includes a store location and social media links, indicating a focus on both online and potentially local sales.

Financially, Aje 1 Ltd’s recent performance presents a mixed picture. While current assets have increased by a healthy 50% to £100,000, net assets have also grown significantly, jumping 130% to £35,000. However, cash reserves have doubled to £45,000, and finished goods have increased dramatically to £55,000. Bank borrowings have decreased by 37% to £27,000, and creditors have also fallen by 37% to £27,000. 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 it to remain flexible, but the surge in finished goods suggests a possible inventory buildup. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

Overall, Aje 1 Ltd appears to be growing, but it’s important to monitor inventory levels and ensure cash flow remains strong. The company’s focus on a specific cultural market and its online presence give it a competitive edge, but careful financial management will be key to long-term success.

Registered in England/Wales under the registration number 11888624, with a registered address at TN24 8TW, England, Ashford, 19 New Street.

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