Ara Technology Ltd.

Ara Technology Ltd is a small, active company based in London, UK, founded five years ago in May 2019. With just one employee and £47,157 in assets, it’s a solo founder’s venture led by two directors and one owner, Paudyal Ramesh. The company operates from a real address and has a solo founder.

Ara Technology Ltd’s website showcases a range of services, primarily focused on software development, telecom services, and consultancy. It appears to be an ecommerce business, offering specialized tools and platforms like Enigma (data analytics), DigiFam (parental controls), Mind Palace (trivia platform), and Guess Who (celebrity games). These platforms cater to diverse needs, from automating data collection to enhancing cognitive abilities and providing entertainment. The company also highlights its expertise in AI and network solutions, aiming to drive digital transformation and seamless connectivity for businesses.

Financially, Ara Technology Ltd presents a mixed picture. While current assets increased by a healthy 74% to £47,000, equity took a significant hit, dropping 470% to -£9,600. Bank borrowings decreased by 31%, and cash reserves saw a remarkable 590% increase to £620. Creditors also decreased, but the substantial equity decline suggests the company may be burning through cash or facing challenges in profitability. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity warrants closer attention. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Ara Technology Ltd seems to be a dynamic, albeit financially tight, startup. Its diverse range of software and platform offerings demonstrates innovation, but the negative equity suggests it needs to carefully manage its expenses and focus on generating sustainable revenue to ensure long-term viability.

Registered in England/Wales under the registration number 12011255, with a registered address at W11 4JG, United Kingdom, London, 113 Clarendon Road.

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