Akademi Financial Services Ltd

Akademi Financial Services Ltd, based in London, UK, is a small, active company founded fourteen years ago in 2010. With fourteen employees and £191,100 in assets, it operates from a virtual address – forty-six other companies share the same location, which is a bit odd. The company is owned and directed by Avcil Ibrahim and Kul Yusuf, who also appear to be the sole owners, though the list may not be exhaustive. It has a stellar 5.0-star Google rating based on fifteen reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded, the last in March 2022.

Akademi Accountancy’s website highlights a range of tax and business services tailored to small to medium-sized businesses, sole traders, and partnerships. The company provides services to a diverse clientele, including shops, cafes, IT consultants, and even import/export businesses. The site emphasizes personalized service, competitive pricing, and customized service packages – both fixed and variable fees are offered. The website is well-designed and professional, clearly aimed at attracting new clients.

Financially, Akademi Financial Services Ltd shows a mixed picture. Current assets have increased by a significant 86%, reaching £190,000, while net assets have also grown by 40% to £160,000. However, bank borrowings have decreased by 27% to £27,000. Cash reserves have seen a dramatic increase of 150%, reaching £150,000 – a positive sign. Creditors have increased by 66%, suggesting a reliance on trade credit. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the growth in creditors should be monitored. No auditor is mentioned, which is common for small companies.

Overall, Akademi Financial Services Ltd appears to be in reasonable health, with growing assets and strong cash reserves. The company’s focus on personalized service and its diverse clientele position it well for continued success. However, the increase in creditors warrants attention, and the company should ensure it maintains a healthy balance between its assets and liabilities.

Registered in England/Wales under the registration number 07401672, with a registered address at N17 7NA, United Kingdom, London, 500 White Hart Lane.

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