Aquatech Nw Ltd

Aquatech Nw Ltd, based in Blackpool, UK, is a small, active company founded six years ago in 2019. Employing just one person, it holds £41,560 in assets and operates from a real address. The business is led by a single director and owner, who is also the solo founder. Aquatech Nw Ltd runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 35 reviews.

The company specializes in the retail sale of flowers, plants, seeds, fertilizers, pet animals, and pet food, both online and potentially through mail order. It’s a niche market, and the website suggests a focus on quality and specialized products.

Financially, Aquatech Nw Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 78% to just £340, while creditors remain stable at £100,000. Trade debtors have risen substantially, increasing by 110% to £1,200, which could indicate a reliance on customer payments. Net assets are down 4.4% to -£72,000, and equity has also decreased. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the decline in cash reserves is concerning. The company’s fixed assets have also decreased by 9.2%. As a small company, it is exempt from an audit, so the financial data is unaudited.

Overall, Aquatech Nw Ltd appears to be navigating a challenging financial landscape. While its Google rating suggests strong customer satisfaction, the declining cash reserves and negative equity raise questions about its long-term sustainability. The company’s reliance on trade debtors could also be a point of vulnerability.

Registered in England/Wales under the registration number 11817830, with a registered address at FY2 0QQ, United Kingdom, Blackpool, 24 Stopford Avenue.

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