Ajn Lifestyle Limited

Ajn Lifestyle Limited, based in Wrexham, UK, is a small, active company founded six years ago in 2019. With a single employee and £17,116 in assets, it's a solo-founder operation managed by one director and owner. The business operates as an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with just two months of import activity recorded as of May 01, 2023.

The company’s website, currently under construction, directs potential customers to its social media pages and WhatsApp for order placement. This suggests a small-scale operation relying on direct customer engagement rather than a fully developed e-commerce platform. While the website states that it will be coming soon, it’s clear that the business is currently operating with a more personal touch.

Financially, Ajn Lifestyle Limited presents a mixed picture. Cash reserves decreased by 42% to £3,200, while current assets increased by 40% to £17,000. Creditors decreased by 7.8% to £16,000, suggesting improved debt management. However, equity plummeted 140% to £1,600, a significant shift that could indicate losses or increased investment. Loans from directors also decreased by 8.5% to £15,000. The company meets two of three criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allowing it to benefit from simplified reporting requirements. As a small company, it’s exempt from an audit, and the accounts are unaudited.

Overall, Ajn Lifestyle Limited appears to be navigating early-stage challenges. The decrease in cash reserves and the significant drop in equity are concerning, but the increase in current assets and the decrease in creditors offer some reassurance. It's clear that the company is still developing its online presence, and its future success will depend on its ability to attract and retain customers.

Registered in England/Wales under the registration number 11811438, with a registered address at LL13 0DR, Wales, Wrexham, Rose Hill Lodge, Erbistock.

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