Apota International Ltd

Apota International Ltd is a small, active company based in Havant, UK, founded four years ago in 2020. With just one employee and £102,874 in assets, it operates from a virtual address shared by 395 other companies, a bit unusual. The company is run by two directors and one owner, Cunningham Christopher. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with the last import operation recorded over two years ago in July 2022. The company operates in the non-specialised wholesale trade industries.

The company’s website is not available, so it’s difficult to assess their online presence or e-commerce activities. It’s likely they operate primarily through wholesale channels, rather than direct sales to consumers.

Financially, Apota International Ltd presents a mixed picture. While current assets have increased by a healthy 31% to £100,000, equity has plummeted 100% to just £550. This suggests a significant drain on resources, despite increased assets. Bank borrowings have also increased, though not dramatically, and trade debtors have ballooned by a staggering 1500%, which could indicate difficulties in collecting payments. Creditors have also risen, which is not unexpected given the increase in debtors. The company's small size—meeting two of three conditions for a small company—means it’s exempt from an audit, so the figures are unaudited.

The sharp decrease in equity is concerning, and it's possible the company is burning through cash to fund operations or has incurred unexpected expenses. The large increase in trade debtors could also be a sign of financial strain. The lack of information about the company's website makes it difficult to fully assess its business model and future prospects.

Registered in England/Wales under the registration number 12938891, with a registered address at PO9 1QU, England, Havant, Hampshire, Station House, North Street.

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