Alfille Innovations Limited

Alfille Innovations Ltd from Wadhurst UK: a small company with an active status, was founded 20 years ago and employs just three people. It holds £275,818 in assets and operates from a real address, managed by one director and owner. Its e-commerce site has a respectable Google rating of 4.0 based on two reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of July 2020.

The company’s website, Alfill Innovations, focuses on a unique product: a temperature-controlled butter dish. It’s marketed as a stylish and practical solution for keeping butter perfectly spreadable, and the site highlights its patented technology. Orders for New Zealand, Australia, South Africa, Canada, and the USA are handled through distributors, and the site includes sections for reviews, media, downloads, and contact information. It’s a niche product, but the website is well-designed and professional.

Financially, Alfille Innovations Ltd presents a mixed picture. While current assets increased by 40% to £280,000, equity decreased by 12% to £31,000. Cash bank on hand took a significant hit, falling 66% to just £39,000. Creditors surged by a whopping 100% to £160,000, and trade debtors ballooned by 310% to £220,000. These figures suggest the company is experiencing rapid growth, but also facing challenges in managing its finances. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the figures are unaudited. It’s a bit concerning that cash reserves are so low, but the increase in debtors could indicate a period of strong sales. The company is likely relying on its innovative product and online presence to drive growth, but needs to carefully monitor its cash flow and manage its creditors.

Registered in England/Wales under the registration number 05172193, with a registered address at TN5 7HR, Wadhurst, East Sussex, Overys Farm House, Dunsters Mill Road Ticehurst.

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