Antando Limited

Antando Limited is a small, active company based in Lincoln, UK, founded six years ago in 2019. It holds £10,186 in assets and operates from a real address, managed by two directors and owners—a solo founder at its core. The company’s primary activity involves irregular importing, with its top category being toys, games, and sports equipment, though only one month of imports was recorded as of October 2020. It operates in the retail sale via mail order houses or via internet industries.

The company’s website reveals a surprising and distinct venture: Antaco, a business dedicated to converting organic waste into energy. The site details a revolutionary waste processing technology supported by the UK government, aiming to become the world leader in carbon-neutral biofuel. Antaco offers solutions for organic waste disposal, boasting a game-changing approach with a patented design and a focus on low-cost, low-tech operation. It even has a Crowdcube campaign and awards recognition.

Financially, Antando Limited presents a concerning picture. Current assets have dropped significantly by 30%, falling to £10,000, while net assets have plummeted 82%, ending at a negative £41,000. Cash reserves have also declined, and bank borrowings have increased substantially. Creditors have risen dramatically, and retained earnings are deeply in the red. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the substantial losses and negative equity suggest it's burning through money. The accounts are unaudited and exempt from audit, relying on director-reported data.

In short, Antando Limited’s core business appears to be struggling, despite the innovative waste-to-energy focus of its sister company, Antaco. The company’s financial trajectory indicates a need for careful management and potentially a shift in strategy to ensure long-term sustainability.

Registered in England/Wales under the registration number 11908601, with a registered address at LN2 5BJ, United Kingdom, Lincoln, 12 Thomas Street, Steam Hammer Inn.

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