Albek Ltd

Albek Ltd is a small, active company based in London, UK, founded two years ago. It operates as an e-commerce site, selling luggage and accessories, and is led by two directors and a solo founder, Klens Albert. The company has a virtual address, registered with 47,592 other businesses, and is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The Albek website showcases a range of luggage, from the Meridian gear bag to the Skytrail duffel, catering to adventure and travel enthusiasts. It highlights collaborations with brands like Troy Lee Designs and Gas Gas, emphasizing quality and design. The site also features a section for personalized luggage and a blog with content related to outdoor activities and safety. Albek actively promotes its products through social media, including Instagram and YouTube, and offers a lifetime warranty.

Financially, Albek Ltd presents a concerning picture. While cash bank on hand increased slightly to £360, net current assets liabilities have worsened, plummeting to -£180,000. Creditors have also risen significantly, reaching £180,000, and equity has followed suit, dropping to -£180,000. The lack of employees (zero reported) suggests a lean operation, but the substantial losses and rising debts indicate potential financial strain. The company’s small size helps it remain agile, but the negative equity raises questions about its long-term viability. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s reliance on Klens Albert, who appears to be both owner and director, could also be a point of vulnerability.

Registered in England/Wales under the registration number 14622728, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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