Arcanist Limited

Arcanist Limited is a small, active company based in Ashford, UK, founded five years ago in 2019. With just one employee and £44,620 in assets, it's a solo founder operation led by a single director and owner, Martin Alexander John. The company operates from a virtual address – with 781 other companies registered at the same location – and is classified as a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It was previously known as Alchemist Rum Limited.

Arcanist Limited’s core business involves the wholesale of wine, beer, spirits, and other alcoholic beverages, alongside retail sales via stalls and markets, and mail order houses or via the internet. Its website details a focus on these areas, with a clear emphasis on providing a range of alcoholic products and related services. The company also offers food, beverages, and tobacco products.

Financially, Arcanist Limited shows some concerning trends. While current assets increased slightly to £45,000, net assets plummeted 17% to -£48,000, indicating a significant equity decline. Bank borrowings have risen dramatically, increasing by 330% to £18,000, and cash reserves have fallen 46% to just £2,100. Trade debtors have also increased significantly, rising by 300% to £7,500. The company's small size helps it remain nimble, but the drop in equity and the increase in debt are worrying. Creditors have also increased by 50% to £56,000. With no auditor mentioned, the financial statements are unaudited.

It seems like Arcanist Limited is burning through money, likely a common challenge for a small, solo-run business. The rise in debt suggests a need for more revenue or careful cost management. While the company's online presence and diverse product offerings are positives, its financial health needs to improve for long-term sustainability.

Registered in England/Wales under the registration number 12176588, with a registered address at TN27 0JS, England, Ashford, Kent, King Arthurs Court Maidstone Road, Charing.

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