Altyma Ltd

Altyma Ltd from Newcastle Upon Tyne UK: a small, active company founded five years ago, employs just two people, and holds £528,873 in assets. It operates from a virtual address—a point highlighted by the fact that ninety-four companies share the same address—and is overseen by two directors and two owners. The company’s activities center around retail sales via mail order and internet, a sector that’s becoming increasingly competitive.

The company’s website, though minimal, reinforces this focus on online retail. It’s a straightforward platform, likely designed for efficiency rather than elaborate marketing. The site doesn't offer a lot of information, but it does showcase the company's presence in the e-commerce space. It’s clear that Altyma Ltd is prioritizing functionality over flashy design.

Financially, Altyma Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 310% to £530,000, a positive sign of improved liquidity. However, creditors have also risen sharply, increasing by 200% to £220,000, suggesting potentially higher short-term liabilities. Equity has also seen a significant boost, climbing 460% to £310,000, which could be a result of retained earnings or additional investment. The company’s small size—meeting two of three criteria for a small company—allows it to remain nimble, but the increase in creditors warrants attention. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company’s growth in assets and cash is encouraging, but the rise in creditors suggests a need to manage short-term obligations carefully. The increase in equity, however, points to a potentially solid foundation for future expansion. It's possible the company has been investing in its online presence or expanding its product range, which would explain the higher liabilities.

Registered in England/Wales under the registration number 12143306, with a registered address at NE4 7YL, United Kingdom, Newcastle Upon Tyne, 15 Riverside Studios Amethyst Road, Newcastle Business Park.

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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