Amelia Art Glass Ltd

Amelia Art Glass Ltd from Maidstone UK is a small, family-run business with an active status, established 14 years ago. The company employs five people and holds assets valued at £663,737. It operates from a real address and is managed by one director and two owners. Amelia Art Glass regularly imports glass and glassware (12 months) and occasionally exports miscellaneous manufactured goods (1 month). The business primarily serves as a wholesale supplier, focusing on the UK market.

The company’s website, Amelia Art Glass, showcases a wide range of mouth-blown glass products, including aroma globes, vases, and diffusers. It caters to trade customers only, emphasizing British craftsmanship and unique designs. The site’s layout is clean and easy to navigate, with a focus on product imagery and wholesale pricing. The business has a blog with new products and a newsletter signup.

Financially, Amelia Art Glass Ltd presents a mixed picture. Current assets have increased by 7.4% to £660,000, but net assets have plummeted 350% to -£100,000, a significant downturn. Bank borrowings have increased by 13%, reaching £57,000, while cash reserves are minimal at just £59. Creditors have risen substantially, increasing by 46% to £710,000. Trade debtors have also increased by 32%, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 0 employees) allows for agility, but the substantial equity decline warrants attention. No auditor is mentioned, as the company is likely exempt due to its size.

The business seems to be experiencing some financial strain, despite a growing asset base. The sharp decline in equity could be attributed to increased investment in inventory or marketing efforts, or it could signal deeper operational issues. The company’s focus on wholesale and its family-run nature suggest a commitment to quality and personalized service, but sustained profitability will depend on managing costs and improving cash flow.

Registered in England/Wales under the registration number 07285914, with a registered address at ME17 3LR, Maidstone, Crossways Maidstone Road, Sutton Valence.

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