Arassic Ltd

Arassic Ltd from London UK: a small, active company founded six years ago, employs a single person, and holds £8,296 in assets. Operating from a virtual address, the company is led by one director and owner, who also serves as the solo founder. It’s a regular importer of clothing and accessories made by knitting or crocheting, with 109 months of import activity recorded. The company’s activities span advertising agencies, exhibition organizers, textile sales agents, and other service industries.

The company’s website, Jurassic Waste Ltd, focuses on rubbish removal services in Honiton, UK. It offers a range of services, including house clearances, commercial property cleanups, and skip bag hire, all emphasizing eco-friendly practices and efficient work. The site prominently features a waste calculator, allowing customers to estimate disposal costs quickly and easily. Customer testimonials highlight the company’s professionalism and commitment to environmental responsibility.

Financially, Arassic Ltd shows a concerning trend. Current assets have plummeted by 75%, dropping to just £8,300, while net assets have fallen 61% to £7,700. Cash reserves have also taken a hit, decreasing by 57% to £7,400. Debtor levels have drastically reduced, falling 94% to £890, and creditors have also declined by 79% to £3,000. While the decrease in creditors might suggest better debt management, the significant drop in assets and cash raises concerns about the company’s financial health. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the substantial equity decline indicates potential financial strain. No auditor is mentioned, likely due to its status as a small company, so the figures rely on unaudited statements.

In short, Arassic Ltd appears to be burning through cash. While the company’s import business remains active, the financial data suggests a need for careful management and potentially a review of its operational strategies.

Registered in England/Wales under the registration number 11841178, with a registered address at EC2A 4NE, England, London, 86-90 Paul Street.

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