Aodaci Uk Ltd

Aodaci Uk Ltd from Reading UK: small company, active status, founded 6 years ago, with £1,853 assets, a real address, 2 directors, and 2 owners. It’s a regular importer of iron or steel products, having imported for 5 months. The company operates in the agents involved in the sale of a variety of goods, the non-specialised wholesale trade industries.

The company's website, AODACI, presents a modern e-commerce platform selling a wide range of products, from bags and drinkware to office supplies and technology accessories. It features multiple currencies and languages, catering to a broad international audience. The site emphasizes a "New Horizons" quest, inviting customers to explore its offerings and showcasing influencers. It also offers a subscription service, encouraging visitors to become part of the community and receive exclusive offers. The site is powered by nopCommerce, a popular e-commerce platform, suggesting a focus on scalability and flexibility.

Financially, Aodaci Uk Ltd is facing some challenges. Current assets have fallen significantly by 69%, dropping to just £1,900, while net assets have also declined by 36%, settling at -£67,000. Cash reserves have plummeted 48%, leaving only £1,600 in the bank. Debtors have decreased by a substantial 91%, which could indicate slower customer payments, and creditors have also fallen by 38%. Despite meeting two of three criteria to be classified as a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees—the company's negative equity is a cause for concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company's reliance on a single director and owner, Gil Alexandre Campos, and Gomes Pedro Jorge Morgado, may be a factor in its financial struggles. While the e-commerce platform looks professional and well-designed, the underlying business model appears to be burning through cash. The company's continued operation, despite these challenges, suggests that it may be receiving financial support from its parent company, Testa SA, as stated in the financial report.

Registered in England/Wales under the registration number 11641437, with a registered address at RG1 1AZ, United Kingdom, Reading, Berkshire, 5th Floor, R+ Building, 2 Blagrave Street.

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