Aquaterra Training Limited

Aquaterra Training Ltd from Aberdeen UK: a small, active company founded 8 years ago, employs 7 people, and holds £1,593,523 in assets. It operates from a virtual address, overseen by six directors and two owners. The company regularly imports headgear and accessories (5 months) and exports various textile products, sets, used clothing, and rags (3 months).

The company operates in the other business support service activities n.e.c. industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company's website is not available for analysis.

Financially, Aquaterra Training Ltd shows some concerning trends. Cash bank on hand has decreased significantly by 67%, falling to £180,000. Debtor levels have increased by 16%, reaching £1.1 million, while current assets have decreased by 9.2% to £1.6 million. However, creditors have also decreased by 14%, suggesting improved debt management. The company’s bank borrowings have increased by 2400%, reaching £29,000, and cash reserves fell 30% to £28,000. It's worth noting that the company's net assets have increased by 2.3%, reaching £630,000. The company is exempt from an audit.

These figures suggest the company may be facing cash flow challenges, possibly due to increased debtor levels or higher operating expenses. However, the decrease in creditors and the increase in net assets could indicate improved efficiency and better financial planning. The increase in bank borrowings could be a short-term solution to manage these challenges, but it's something to monitor closely.

Registered in Scotland under the registration number SC341334, with a registered address at AB10 1YL, United Kingdom, Aberdeen, 28 Albyn Place.

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