Ameribag (uk) Limited

Ameribag (uk) Limited, based in London, is a small, active company established twenty years ago. With six employees and £487,886 in assets, it operates from a real address and is overseen by four directors and four owners. The company runs an e-commerce site, regularly importing leather goods, travel bags, and animal harnesses (77 months of activity) and occasionally exporting them (5 months).

Ameribag specializes in the wholesale of household goods and retail sales via the internet, offering a range of bags, from the popular Healthy Back Bag to smaller Bagletts. The website showcases a wide variety of materials, sizes, and prints, emphasizing quality and functionality. It also features customer reviews and a retail locator, indicating a focus on both online and offline sales.

Financially, Ameribag’s performance presents a mixed picture. While cash bank on hand remained stable at £250,000, creditors saw a significant decrease, falling by 83% for those due within a year. Trade debtors, however, increased substantially by 90%, suggesting a possible shift in payment terms or an increase in credit sales. Equity grew by 27%, reflecting retained earnings, but fixed assets declined by 21%, potentially due to depreciation or asset disposal. 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 fluctuating debtor and creditor balances warrant close monitoring. The accounts are unaudited, a common exemption for small companies. It's likely that the company is doing okay, but could benefit from a more detailed look at its cash flow.

Registered in England/Wales under the registration number 05171666, with a registered address at N1 4EN, England, London, Unit 30 De Beauvoir Block, 92 - 96 De Beauvoir Road.

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