Amakan’s Best Ltd

Amakan’s Best Ltd is a private limited company registered in England/Wales with the registration number 14769501. The company was founded two years ago on March 30, 2023, and registered at N16 6HP, United Kingdom, London, 13 Forburg Road. The address is probably real as only six companes registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company's website, though not provided, suggests an e-commerce operation focused on retail sales through mail order and the internet. Given the lack of a website, it’s difficult to determine the specifics of their product range or target audience. It's likely they're selling goods directly to consumers, potentially through platforms like eBay or Amazon, or through their own online store.

Financially, Amakan’s Best Ltd presents a concerning picture. While the company is small, its net assets currently sit at a negative £13, indicating it owes more than it owns. Cash reserves are practically nonexistent, and bank borrowings are also minimal. The company’s retained earnings and accumulated losses are also in the negative, which isn't ideal. The company’s accounts are described as “filleted,” meaning they are simplified due to the company’s small size and are not subject to a full audit. This means the figures rely on the director’s own reporting, and there’s no independent verification. The accounts are prepared under the historical cost convention and in accordance with Financial Reporting Standard 102, a standard for small entities.

It’s clear that Amakan’s Best Ltd is facing financial challenges. The negative equity and lack of cash reserves suggest the company is struggling to generate profits or manage its expenses. The fact that the accounts are unaudited and filleted further complicates the picture. It's possible that the company is in a startup phase, burning through cash as it invests in growth. However, without more information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 14769501, with a registered address at N16 6HP, United Kingdom, London, 13 Forburg Road.

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