Alidade Limited

Alidade Limited is a small, family-run business based in London, UK, with an active trading status. Founded thirteen years ago in 2011, the company employs just four people and holds £773,686 in assets. It operates from a virtual address, registered with 818 other companies, and is managed by four directors and two owners. The business is irregular importer and exporter of clocks, watches, and their parts, with one month of import activity recorded in 2019 and two months of export activity in 2020.

The company's operations center around the retail sale of watches and jewellery in specialised stores. While no website is currently available, this suggests a primarily offline sales model, potentially through markets, antique shops, or private sales. The company’s focus on clocks and watches, combined with the “Alidade” name (referring to a surveying instrument), hints at a business with an appreciation for precision and history.

Financially, Alidade Limited shows a mixed picture. Current assets decreased by 11%, dropping to £770,000, while equity also declined by 12%, settling at £630,000. Cash reserves fell by a significant 12%, down to £600,000. However, creditors decreased by nearly 5%, suggesting improved debt management. Other creditors, however, surged by over 500%, reaching £35,000, which could indicate a recent investment or significant purchase. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity and cash warrants attention. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Alidade Limited appears to be navigating a period of transition. While its core business of selling timepieces seems to be ongoing, the financial data suggests a need for careful management and perhaps a reevaluation of its operational strategy.

Registered in England/Wales under the registration number 07681847, with a registered address at EC4V 4BE, United Kingdom, London, 71 Queen Victoria Street.

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