Aksel Digital Ltd

Aksel Digital Ltd is a small, active company based in Surbiton, UK, founded eight years ago in 2016. It operates with a single employee and holds £8,923 in assets. With one director and one owner, the company has a real registered address and is a limited company.

The business seems to operate across multiple sectors, including retail sale via mail order, IT services, data processing, and business support. Its website is currently unavailable, making it difficult to assess the extent of its e-commerce activities.

Financially, Aksel Digital Ltd’s numbers paint a mixed picture. Current assets have decreased by 30% to £8,900, and net assets have increased by 21% to £420. Bank borrowings have decreased by 24% to £6,700, and cash reserves have increased by 25% to £4,100. Trade debtors have fallen dramatically by 49% to £4,800, while other debtors have increased by a staggering 3400% to £4,300. It’s worth noting that creditors have also decreased by 1.2% to £8,900. 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 flexibility, but the decrease in debtors might suggest difficulties in collecting payments. The accounts are unaudited, which is common for small companies.

While the company's financial position isn't dire, the significant changes in debtors and creditors suggest a need for careful cash flow management. It's hard to say if this is a typical pattern for a small business or a sign of underlying challenges.

Registered in England/Wales under the registration number 10418370, with a registered address at KT6 7QR, England, Surbiton, 125 Red Lion Road.

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