Akuba Limited

Akuba Limited is a small, holding company registered in Enfield, UK, with an active status. Founded four years ago in May 2020, the company employs just one person and operates from a virtual address shared by over 200 other businesses. It’s led by one director and has three owners, and currently holds a stellar 5.0 Google rating based on 19 reviews.

The company's website, while minimal, redirects to YouTube, suggesting a focus on video content or marketing. It appears to operate in the retail sector, specifically selling via mail order and online, and also engaging in other retail sales not conducted in physical stores.

Financially, Akuba Limited shows a mixed picture. Accumulated amortisation impairment for intangible assets has doubled to £2,600, while depreciation for plant and machinery has increased by 46% to £860. Cash reserves have significantly declined, falling 86% to just £1,300. Creditors have decreased by 64%, and equity has dropped by 52% to £3,000. Despite these challenges, the company's net current assets liabilities have worsened considerably. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in equity is concerning. The financial statements are unaudited, as is typical for small companies, and there's no auditor mentioned.

It seems Akuba Limited is navigating a period of financial adjustment. While its Google rating suggests strong customer satisfaction, the declining cash reserves and equity warrant close monitoring.

Registered in England/Wales under the registration number 12626250, with a registered address at EN2 8DJ, England, Enfield, 45 Chase Court Gardens.

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