Ando Stores Limited

Ando Stores Ltd from Surrey UK is a small, active company founded 18 years ago. It's a solo-founder operation with six employees and a virtual address, managed by one director and owner. The company operates an e-commerce site selling modern baby wear, children's fashion, toys, and interior items.

The company’s website showcases a wide range of products, from swimwear and outdoor toys to clothing and accessories for babies, children, and even parents. It also features a curated selection of art prints and home décor items. The site highlights brands like Liewood, Banwood, and Charlie Crane, suggesting a focus on stylish, high-quality goods. It also offers a preloved outlet, encouraging sustainable shopping.

Financially, Ando Stores Ltd presents a mixed picture. Cash bank on hand has dropped significantly by 86%, falling to just £12,000, while bank borrowings have increased by 41% to £250,000. Trade debtors have decreased by 25%, suggesting improved collection of payments. However, net assets remain steady at £67,000. Creditors have also increased by 10%, and other creditors have risen dramatically by 240%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids more stringent reporting requirements, and no auditor is mentioned.

The sharp decline in cash reserves is a concern, potentially indicating increased operating costs or investments in inventory. The rise in bank borrowings suggests the company is relying more on debt financing, which could impact its long-term financial health. The increase in creditors may be a result of increased purchasing to meet customer demand, or it could be a sign of cash flow challenges. Overall, Ando Stores Ltd seems to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 05858720, with a registered address at GU9 7PT, Surrey, Wey Court West, Union Road, Farnham.

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